Range agreed to sell overriding royalty interest in leases where the company pioneered the Marcellus Shale in Washington County, Pa.
Decline curves, well interference, takeaway capacity and drilled but uncompleted wells were among the topics discussed by a group of panelists.
U.S. shale has developed at a breathtaking pace, yet we see the revolution still ongoing, according to a Stratas Advisors’ outlook analyzing upstream dynamics in a downstream context.
Plus, Exxon Mobil donates to a PAC promoting U.S. carbon tax, offshore drillers Ensco and Rowan agree to merge and Chevron exits Norway.
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 eight oil rigs in the week to Oct. 12, bringing the total count to 869, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.
Drillers cut two oil rigs in the week to Oct. 5, bringing the total count down to 861, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report. This is the longest streak of weekly cuts since October 2017.
Drillers added seven oil rigs in the week to Sept. 14, the biggest weekly increase in a month, bringing the total count to 867, Baker Hughes, a GE company, said in its weekly report.