July 24, 2023
(WO) — Canadian Overseas Petroleum Limited (COPL) and its affiliates have signed a non-binding letter of intent (LOI) for a joint venture to develop its Cole Creek project in Converse and Natrona Counties, Wyoming, the company announced on Monday.
February 22, 2023
Quantum Energy Partners and the management of Bison Oil & Gas formed Bison Oil & Gas Partners IV, LLC to focus on the acquisition and responsible development of oil and natural gas assets in the Denver-Julesburg Basin of Colorado and Wyoming.
September 08, 2021
The decline in DUCs in most major U.S. onshore oil-producing regions, especially in the Permian region, reflects more well completions and, at the same time, less new well drilling activity.
The catastrophic demand decline initiated by coronavirus lockdowns significantly damaged the U.S. oil industry, with oversupply, historically low storage capacity, and low prices. Operators responded by stacking rigs and shutting-in production.
Elected officials are doing their best to kill off the golden goose in two states that have benefitted mightily from the shale revolution.
March 12, 2018
Wood is providing construction and project management services to Discovery DJ Services across a multi-phase installation of an oil and gas gathering system, and natural gas and liquid processing facility in the Niobrara shale region (DJ Basin) of Colorado.
Shale operators are increasing U.S. crude production in response to oil prices that are, so far, trending more favorably this year, due largely to decisions by OPEC and Russia to curb production.
Expanding the boundaries of ball-drop technology has led to a simple, yet effective design for reducing completion time and improving operational efficiency.