U.S. Onshore
News
April 08, 2024
The acquisition includes approximately 253 gross and 2 net producing wells operated by top operators Aethon, Southwestern, and Chesapeake.
News
April 08, 2024
In the five years since its founding, the PSP has nearly doubled in size and exponentially expanded its impact in Southeast New Mexico and West Texas.
News
April 08, 2024
the Dorado shale field in the Eagle Ford will allow TotalEnergies to increase its net U.S. natural gas production by 50 MMcfd in 2024, with the potential for an additional 50 MMcfd by 2028.
News
April 05, 2024
Chesapeake Energy Corp.’s $7.4 billion takeover of Southwestern Energy Co. has been delayed until the second half of the year after antitrust regulators demanded more details from the natural gas operators.
News
April 02, 2024
Total flow rates (inclusive of recovery of frac fluid) averaged roughly 600 bpd over the duration of the flow back. Multiple oil samples were recovered with measured oil gravities of between 39.9 to 41.4 API (representing a light crude oil).
News
April 01, 2024
The acquisition will bring APA’s daily reported production to approximately 500,000 boe, approximately two-thirds coming from the Permian basin. The acquired assets include approximately 120,000 net acres in the Delaware basin and 25,000 net acres in the Midland Basin.
News
U.S. shale drillers to reduce Permian drilling emissions, increase reliability with nuclear reactors
April 01, 2024
Diamondback, the largest independent producer headquartered in the shale-oil region, has signed a nonbinding letter of intent with Oklo Inc. to deploy small reactors for some of its future power needs, according to Diamondback President Kaes Van’t Hof.
News
March 28, 2024
The Houston-based company said in a letter to shareholders Thursday that Kimmeridge’s unsolicited offer to combine its Texas gas assets with SilverBow in exchange for 32.4 million shares priced at $34 each significantly undervalues the company.
News
March 27, 2024
There’s “a lot of desire out there to have more than one Haynesville stock on the market,” Andrea Passman, chief operating officer at Aethon Energy, said at a conference in Shreveport, Louisiana, on Wednesday.
News
March 27, 2024
Drillers in the Permian basin told the survey they could profitably bore new wells with a crude price of $65 a bbl, well below the $83 actual price during the period in which opinions were gathered. The snag, however, is concern that the Biden administration may impose costly regulatory changes that would gut future profitability, survey respondents said.
News
March 21, 2024
During the discussion and following press conference, Gov. Dunleavy made it clear that Alaskan resources are “extraordinary” due to the state’s unique location and history. Alaska’s proven reserves include over 100 Tcf of natural gas and billions of barrels of oil.
News
March 19, 2024
Lance predicted that first production from its Willow development will occur in “four more winters.” The CEO applauded the project as an important boost for Alaska’s economy, creating many jobs and enhancing the U.S.’ energy security.
News
March 15, 2024
The number of U.S. rigs drilling for oil rose by six to 510, the biggest mark since Sept. 15, according to data released by Baker Hughes Co. on Friday. After months of relatively low growth, shale operators have now added more than a dozen rigs since mid-February.
News
March 15, 2024
Rig 257 is a Flex 3 1,500HP drilling rig fully capable of drilling the planned well and managing the high reservoir pressures expected to be encountered.
News
March 14, 2024
Advanced AI is gaining a foothold in the oil field as drillers and producers are relentlessly focused on improving efficiency. While the technology is being tested around the globe, the U.S. is perhaps the most important spot to watch.
News
March 13, 2024
Axis' EPIC RIG provides improvements in safety and efficiency, as well as the ability to run on grid power for reduced emissions and increased fuel flexibility.
News
March 11, 2024
The data shows that U.S. crude oil and condensate production averaged 12.9 MMbpdin 2023, breaking the previous U.S. and global record of 12.3 million bpd set in 2019. Average monthly U.S. oil production established a monthly record high in December 2023 at over 13.3 MMbpd.
News
March 11, 2024
TGS has expanded the coverage of its CO2 storage assessment datasets by adding eight additional U.S. onshore basins. These basins include Gulf Coast Onshore, Permian, Illinois, Michigan, Appalachia, North Dakota, Sacramento-San Joaquin and DJ, including interpretation on more than 43,000 wells across 378 million acres.
News
March 11, 2024
The $7.6 billion conduit is due to be completed in the second quarter. It will take natural gas from the land-locked Marcellus shale basin in Appalachia to markets in the Southeast and, potentially, to liquefied natural gas (LNG) export terminals on the Gulf Coast.
Article
February 2024
Active natural gas wells saw a slight increase in the U.S. during 2023 of 0.9%, to 496,756 total wells, compared with 492,197 in 2022. Accordingly, total marketed gas production in the U.S. also saw an increase.
News
March 04, 2024
EQT will curtail about 30 to 40 Bcf of net natural gas production through March in response to low prices, it said in a statement Monday. That’s 5% to 7% of the company’s quarterly output, based on fourth-quarter results. Total U.S. natural gas production is about 100 Bcfd, down slightly from a record earlier this year.
