Onshore
Article
May 2023
Two innovative shale oil EOR processes offer greater simplicity, and lower capital expenditure and operating costs, compared to natural gas or CO2 EOR. Advanced compositional reservoir simulation modeling is used during operation to ensure maximum oil recovery.
News
May 22, 2023
Chord Energy Corporation has entered into a definitive agreement to acquire assets in the Williston basin from XTO Energy Inc. and affiliates, subsidiaries of Exxon Mobil Corporation, for total cash consideration of $375 million.
News
May 22, 2023
STRYDE’s seismic sensor technology will be utilized on an upcoming 3D seismic survey conducted by Nigerian geoscience solutions provider, ATO Geophysical Limited, as part of an onshore oil and gas exploration project in the region.
Article
May 2023
Cemented ball-drop sleeves enable operators to reduce cost and operational risk, while helping achieve optimal pumping rates to improve production potential in extended-reach laterals.
News
May 19, 2023
"Our preparations for the re-entry of the Megiddo-Jezreel #1 well (MJ-01) are underway, and we are excited about the potential for success by utilizing new perforation methods," said Rob Dunn, CEO of Zion Oil & Gas.
News
May 19, 2023
Zefiro will be able to quantify emissions its well-plugging projects have prevented long-term (as verified by third-party registries), allowing high-quality carbon credits to be brought into the market by Zefiro’s offset commercialization group.
News
May 18, 2023
Kimbell Royalty Partners, LP has closed the previously announced purchase of mineral and royalty interests held by MB Minerals, L.P, a subsidiary of Sabalo Holdings, LLC , in a cash and unit transaction valued at approximately $140.8 million in the Midland basin.
News
May 17, 2023
Bayhanli 2 is expected to start generating revenue at the end of May 2023. After completion of the Bayhanli 2 well, the rig will be moved to the Akkaya Tripod to start drilling the Alapli 2 well.
News
May 17, 2023
The company will participate in the drilling and completion of 2 gross wells (0.5 net), both 10,000’ laterals, over the remainder of 2023 (the first well is already drilled, first production from both wells is estimated for the fourth quarter of 2023).
News
May 16, 2023
The peak month production rate of the Rosa Unit #647H, located in Rio Arriba County, NM, has surpassed all wells drilled in the San Juan basin over the last 50 years.
News
May 16, 2023
The HV-1 well was drilled on a new oil and natural gas field that the company refers to as the Presidents field. The Presidents field is a large oil and gas development project located in the company’s South Salinas project in Monterey County, California.
News
May 16, 2023
The Acquired Assets are primarily located in Ward and Reeves Counties, Texas and include approximately 10,200 net acres, 30.5 net producing wells, 2.3 net wells-in-process and roughly 20 low-breakeven net undeveloped locations.
News
May 12, 2023
Union Avenue is a mature field that has produced an approximate cumulative 2.3 MMbbl of oil and 1.2 Bcf of gas, with significant remaining long-term, oil-production potential, including from a recent, partly-developed, new-pool discovery.
News
May 12, 2023
The transaction will expand Vital Energy’s Permian basin leasehold to roughly 198,000 net acres and establish core operating positions in Pecos, Reeves and Ward counties.
News
May 09, 2023
Data collected from the well along with geomechanical and 3D seismic review has enhanced TAG’s horizontal well design. Plans are underway to secure a drilling rig to drill the first horizontal well designed with a multi-stage fracture stimulation.
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May 05, 2023
News
May 05, 2023
With a design depth of 9,472 meters, it will be the deepest oil and gas well in Asia and a breakthrough of milestone significance in China's ultra-deep oil and gas exploration.
News
May 04, 2023
Callon's operations will be focused on its more than 145,000 net acres in the prolific Permian basin, executing its proven "Life of Field" Co-Development Model on an expanded Delaware Basin footprint.
News
May 03, 2023
Acquisition of operatorship and incremental working interest in existing non-operated assets significantly enhances Crescent’s scale in the Eagle Ford. Expanded operational control provides an opportunity for meaningful improvement in capital efficiencies, asset performance and basin-wide synergies.
News
May 03, 2023
The addition of Chesapeake's assets and operations in south Texas is part of INEOS Energy’s strategy to build a global integrated portfolio, fit for the energy transition, offering high-quality, energy solutions to its customers.
News
May 02, 2023
This comes on the heels of Trio’s announcement last week that it contracted a drilling rig and will within two weeks commence drilling operations on the HV-1 well located on Trio’s asset called the South Salinas Project.
