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Bifurcated trends, including on rig count, should not cause concern in the Anadarko Basin for midstream players as upstream players focus on efficiency and optimization.
The Powder River’s plays are competitive with other areas in EOG’s ‘premium portfolio,’ company exec says.
The Fort Worth, Texas-based independent reported June 24 average test rates of about 2,500 barrels of oil equivalents per day (boe/d) for its Horned Frog F #A1H and F #B1H in La Salle County, Texas.