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For the most part, 2018 was a good year for producers. Here, Oil and Gas Investor chronicles the highlights of the year in energy.
In the Lower 48 Big 3—Eagle Ford, Bakken and Permian Basin—ConocoPhillips plans to grow production by about 19% this year.
If we track the life cycle of the shale plays as they unfold, what do they portend for U.S. production and those that rely on the shale markets?
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.
Drillers added 10 oil rigs in the week to Jan. 25, bringing the total count to 862, Baker Hughes, a GE company, said in its closely followed report.
Active rigs in the Permian Basin, the country's biggest shale oil formation, in Texas and New Mexico, dropped by seven this week to 481, the lowest since August.
Drillers cut four oil rigs in the week to Jan. 11, bringing the total count down to 873, Baker Hughes, a GE company, said in its closely followed report.
Drillers cut four oil rigs in the week to Dec. 14, bringing the total count down to 873, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.