Exploration Production

Exclusives

Do Shale’s Troubles Presage An OPEC Deal Extension?

Early signs point to a potential struggle within even the most productive parts of the shale patch, increasing the odds of an OPEC deal extension beyond March. But will that actually happen?

August 20, 2017

US GoM Lease Sale Brings In $121 Million In High Bids

Statistics from the Aug. 16 sale show 27 companies participated and submitted 99 bids on 90 tracts. Total E&P USA submitted the highest single bid at $12.1 million.

August 16, 2017

San Andres: The Friendliest Horizontal Play In The World

In the horizontal San Andres play in the Permian Basin, private oil companies are kickstarting success by sharing drilling and completion data.

August 8, 2017

A Tsunami Of New Shale Production

Fasten those seatbelts. Oil and gas has a been busier than commonly understood and the tsunami of accelerating field work in first-half 2017 will add significant crude oil production by year-end 2017.

August 4, 2017

Premium Blend

Premium Blend: 'The Permian Is Our Future'

WPX CEO Rick Muncrief discusses the differences between its San Juan and Delaware basin assets and highlights the role of the Permian, where the company has more than 120,000 net acres.

May 24, 2017

Rig Count

US Drillers Add Oil Rigs, Count Rises To 768

Drillers have added rigs in 56 of the past 63 weeks since the start of June 2016. The rig count is an early indicator of future output.

August 11, 2017

US Drillers Add Oil Rigs, Pace Remains Slow

Drillers added seven oil rigs in the week to July 7, bringing the total count up to 763, the most since April 2015, Baker Hughes energy services company said in its closely followed report on July 7.

July 7, 2017

US Oil Drillers Cut Rigs For First Week Since January

Drillers cut two oil rigs in the week to June 30, bringing the total rig count down to 756, still more than double the 341 rigs in the same week a year ago, energy services firm Baker Hughes Inc. (NYSE: BHI) said in its closely followed report on June 30.

June 30, 2017

US Drillers Add Oil Rigs For Record 20th Week In A Row

Drillers added 11 oil rigs in the week to June 2, bringing the total count up to 733, the most since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said.

June 2, 2017