In case you missed it, here’s a look at this week’s top five drilling activity highlights from around the world.
- Four Eagleville Field Completions Reported From Pad In Gonzales County, Texas
- Wolfcamp M Completion In Reeves County, Texas, Produces Oil, Condensate and Gas
- Panther Schedules 20 Horizontal Ventures To Test Niobrara, Turner, Mowry
- Chesapeake Operating Completes Marcellus Producer in Wyoming County, Pa.
- North Sea Wildcat Completed In Production License PL 442
For more up-to-date information on the latest U.S. and international exploration wells visit Hart Energy’s online Drilling Activity Highlights database.
U.S. energy firms this week added oil rigs for the first time in four weeks even as the pace of growth in record crude output is expected to slow.
U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the smallest monthly increase since shale output declined in February 2019.
Drillers added 118 rigs during the week ended Jan. 10, bringing the total count up to 203, the highest since March 2019, data from Baker Hughes Co. showed on Jan. 13.