Development and investor recognition of the potential of unconventional resources in the Delaware lagged that of the Midland by about 18 to 24 months leading into 2015. Today, operators’ focus is settling in on the central and southern Delaware and investor appetite for leasehold has grown to rival that of the Midland. Hear from Mike Wichterich, president of Three River Operating Co. III LLC, about this operator’s findings.
2022-12-01 - Expro will provide integrated well services at Apache Corp.'s North Sea locations beginning in the fourth quarter of 2022.
2022-12-01 - OPEC pumped 710,000 bbl/d of oil less in November than October due to an output cut aimed at fighting recession concerns.
2022-12-01 - Diamondback Energy’s FireBird transaction is part of a duo of billion-dollar acquisitions in the Midland Basin the company announced in the fourth quarter.
2022-12-01 - Saudi Arabia’s energy minister said Saudi Aramco had discovered two new natural gas fields, Awtad and AlDahna, in the country’s eastern region.
2022-11-30 - Gross natural gas production in the U.S. Lower 48 states also rose in September to a record 111.2 Bcf/d. That topped the prior all-time high of 110.4 Bcf/d in August.