Recently Hart Energy sat down with Luke Essman, president and CEO of Tulsa-based Canyon Creek Energy in Oklahoma City. Essman discussed the decades of drilling he anticipates. Plus, the company’s focus in the Arkoma Basin.
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Offshore Rig Market Continues Recovery
More demand could be around the corner with offshore rig tenders as oil and gas companies step up drilling plans and final investment decisions.
US Oil Rig Count Falls By 16
U.S. energy firms this week cut the most oil rigs in about four months, with the rig count falling to the lowest since January 2018, as producers cut spending on new drilling and completions.
Best Of This Week’s Drilling Activity Highlights (Aug. 23, 2019)
A Powder River Basin discovery by Chesapeake, LLOG files Gulf of Mexico plan and a triple-lateral horizontal completion in South Texas top this week’s drilling activity highlights from around the world.