U.S. Onshore
News
February 23, 2023
The Petroleum Museum, located in Midland, Texas, plans to use the contribution towards the new Science, Technology, Engineering, Art and Math (STEAM) Education Center.
News
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.
News
February 22, 2023
Chesapeake has agreed to sell approximately 172,000 net acres and approximately 2,300 wells in the black oil portion of its Eagle Ford asset primarily in Dimmit, LaSalle and McMullen counties, along with related property, plant and equipment.
News
February 21, 2023
Permex Petroleum Corporation has received an updated independent reserve evaluation from MKM Engineering. The report uses proved and probable reserve classifications that conform to the criteria established by the United States Securities and Exchange Commission.
News
February 21, 2023
Verde Bio Holdings, Inc., a growing oil and gas company, has entered into an agreement to acquire revenue producing natural gas interests in the prolific Haynesville Shale of Northern Louisiana, held by a private seller for a purchase price of $425,000 in cash.
News
February 20, 2023
Williams will provide natural gas gathering services to Chevron’s 26,000-acre Haynesville dedication. Additionally, Williams has agreed to use existing infrastructure to serve increased natural gas production from the Blind Faith platform in the Gulf of Mexico.
News
February 20, 2023
Pontiac 3D sits on the western edge of the Midland basin, part of the greater Permian basin. It encompasses historical production from Sprayberry and Wolfcamp intervals, along with significant accumulations in deep seated structures in the Devonian and Ellenburger formations.
News
February 17, 2023
Surge Energy acquired a substantial acreage position in Dawson and Gaines Counties in the northern Midland basin, part of the greater Permian basin, that included several existing wellbores.
News
February 15, 2023
This agreement extends Vital Energy’s oil-weighted inventory life by adding roughly 30 operated horizontal location in the Woldcamp B. This includes four drilled, yet un completed locations.
News
February 14, 2023
Permian Strategic Partnership (PSP) President and CEO Tracee Bentley made a compelling case for the positive impact of oil and natural gas production on local communities during her testimony before the U.S. House Subcommittee on Energy and Mineral Resources at The University of Texas Permian Basin Midland Campus.
News
February 13, 2023
The oil and gas exploration company’s return-to-production program on these properties will consist of cleaning out existing wellbores, facility maintenance, electrical work and flowline repair work, which is expected to deliver collective production rates of 20-25 bopd for all wells.
News
February 09, 2023
The company recently received notices that over eight new wells have been brought online. The main areas experiencing growth are on the company’s Permian Basin and Haynesville shale properties.
News
February 08, 2023
Mature wells that are producing more gas than expected are hurting crude output from the Bakken, the Energy Information Administration said.
News
February 02, 2023
U.S. shale companies are set to post yet another strong set of earnings, off the back of robust oil and gas prices in the fourth quarter. But the biggest question for analysts and investors remains whether the industry’s bumper cash flow will tempt them to drill more.
News
February 02, 2023
The Biden administration telegraphed it could support a scaled-back drilling plan at ConocoPhillips’s proposed Willow project in northwest Alaska, even as it cited “substantial concerns” with the oil development and warned of further restrictions to limit its impact on wildlife and the climate.
News
February 02, 2023
The Japanese company is divesting all of its tight oil development and production activities to “optimize the INPEX Group’s global asset portfolio.”
News
January 27, 2023
According to JSG, the company will drill at least one well every six months until the area is fully developed. JSG will drill its first horizontal completion in the Granite Wash formation in February 2023.
News
January 24, 2023
Matador said Advance had an estimated production in the first quarter last year of 24,500 to 25,500 barrels of oil and natural gas equivalent per day. It also has about 18,500 net acres in the northern Delaware Basin, which is part of the larger Permian formation.
News
January 23, 2023
The lowest of three Frontier 1 sands was perforated with 65 ft. of perforations with no subsequent stimulation. Initial fluid recoveries were black heavy degraded oil, black emulsion, minor brown un-gasified light oil and water.
News
January 18, 2023
WildFire Energy acquired approximately 377,000 net acres and approximately 1,350 wells in the Brazos Valley region of its Eagle Ford asset from Chesapeake Energy Corporation.
News
January 11, 2023
With this addition, H&P joins an impressive roster of top-tier companies committed to responsibly developing resources in the Permian Basin while improving residents' quality of life in West Texas and Southeastern New Mexico.
