Onshore
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.
News
April 27, 2023
The 30-well Barnett shale drilling program totaled 96 miles drilled. The average lateral length was approximately 8,200 feet per well, with average spud to rig release under 13 days.
News
April 27, 2023
This acquisition marks the third Eagle Ford basin deal closed this year and is the largest single purchase the Elk Range team has made in the basin to date.
Article
April 2023
Long distance delivery
Article
April 2023
An independent operator and oil and gas investment broker provides perspective on strategies and future potential of the Permian basin, including short- and long-term forecasts for E&P opportunities in West Texas.
News
April 26, 2023
U.S. Energy anticipates full development of the project to comprise another $130 million in capital expenditures over the next two years, bringing the total transaction value to well over $300 million.
News
April 26, 2023
Companies are seeking to bulk up and consolidate, particularly in the Permian basin, the largest and most productive oil field in the U.S., industry experts say.
News
April 21, 2023
Liberty's estimate suggests an about 6% increase this year to the about 250 fleets now available in the U.S. to break trapped shale oil and gas for production.
News
April 21, 2023
FireBird Energy II LLC has secured equity commitments in excess of $500 million anchored by funds managed by Quantum Energy Partners. The founders and employees of FireBird II, along with other strategic partners, are making significant equity commitments to the company alongside Quantum.
News
April 20, 2023
Drilling operations are expected to commence in approximately 2 weeks at Trio’s HV-1 well, located on the company’s 8,600-acre asset called the South Salinas Project in Monterey County, California.
News
April 18, 2023
Chief Executive Officer Doug Manner commented, "We are disappointed that our VMM-37 partner for more than a decade, ExxonMobil, has voluntarily chosen to withdraw from both the JOA and Contract.
Article
April 2023
In what proved to be a prescient, albeit conservative, prognostication, the former IHS Markit (now S&P Global) issued a forecast in 2018 that the Permian basin would hit the 5.4-MMbpd production mark in 2023.
News
April 17, 2023
Sparrows will be responsible for servicing a range of critical drilling equipment, including mud pumps, iron roughnecks, catwalks and top drives, to ensure the rigs are safe to return to the field.
News
April 14, 2023
The acquired assets are concentrated in northern Howard County and southern Borden County. The acquisition is expected to close in the second quarter of 2023.
News
April 13, 2023
The Advance Transaction includes approximately 18,500 net acres in the core of the northern Delaware Basin, most of which is very close to some of Matador’s best acreage where wells with an estimated ultimate recovery of over 1 MMboe have been drilled.
News
April 12, 2023
The additional term of the contract allows long-term investment in infrastructure and work programs to enhance oil recovery efficiency in existing fields, and appraisal drilling to potentially prolong the life of the fields.
News
April 12, 2023
The company is working with a financial adviser to seek a buyer for assets around Pecos County, Texas according to people familiar with the matter, who asked not to be identified because the process is confidential.
News
April 12, 2023
The decision was made to TD the well, having reached the target and penetrated the crestal portion of the microfracture swarm. The horizontal well will now be completed as a producer with over 2,500 feet of open hole within the Austin Chalk interval.
News
April 11, 2023
(WO) — Employment in the U.S. oilfield services and equipment sector increased by 2,907 jobs to its highest level since March of 2020 to reach 656,368 in March, according to preliminary data from the Bureau of Labor Statistics (BLS) after adjustments to February numbers and analysis by the Energy Workforce & Technology Council.
