Surfacing Horizontal Returns: These operators including Approach Resources, Elevation Resources and PT Petroleum are producing horizontal success in the Midland Basin and in the Central Basin Platform. Here, they share their results and plans for their pay.
- J. Ross Craft, chairman and CEO of Approach Resources Inc.;
- Steve Pruett, president and CEO of Elevation Resources LLC; and
- Cory Richards, CEO of PT Petroleum LLC.
2022-10-18 - U.S. crude oil and natural gas production are expected to both rise slightly in November compared to the prior month aided mainly by the Permian Basin and Haynesville Shale.
2022-09-09 - Oil services company Baker Hughes reported that the U.S. oil and gas rig count fell for the fifth straight week the week of Sept. 5, following recent forecasts of disappointing oil output gains from EOG Resources and Pioneer Resources executives.
2022-09-09 - Permits issued to assess CCUS in three blocks totaling 7.8 million acres.
2022-09-19 - The new partnership with the Saudi Data and Artificial Intelligence Authority will use Halliburton’s DS365.ai platform to create data science and AI applications and solutions, the Houston-based oilfield services firm said.
2022-09-19 - A sale of Chevron’s Alaska oil and gas assets could fetch between $450 million and $550 million, according to a Rystad Energy analyst using comparable transactions.