Building Momentum In The Stack: Devon Energy's five-well-per-section spacing pilot in the over-pressured Upper Meramec window came online with 1,400 boe/d per well, 60% light oil, and indications were that even tighter spacing may be possible. Here's a look at its leasehold, results and exploitation forecast for surfacing the Stack's resources.
- Tony Vaughn, COO of Devon Energy Corp.
2022-08-08 - Calgary, Alberta-based Cenovus Energy has owned 50% of the refinery since its combination with Husky Energy in 2021.
2022-08-18 - Doug Lawler joined Continental Resources in February as COO and executive vice president following three decades in the oil and gas industry.
2022-07-07 - In the second quarter, Norway’s Equinor sees a positive impact of $400 million to $550 million from trade in natural gas derivatives used to hedge its physical deliveries.
2022-07-07 - Oil and gas companies said the tax would lead to shrinking investment and, ultimately, less domestic production to underpin Britain’s energy security.
2022-07-07 - The upgrade will result in post-tax impairment reversals of $3.5 billion to $4.5 billion. Shell wrote down more than $22 billion in 2020 when the pandemic led to an oil price collapse.