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Analyst: Argentina’s Vaca Muerta Shale Faces Bottlenecks
The Vaca Muerta Formation in the Neuquén Basin has technically recoverable resources of 308 trillion cubic feet of natural gas and 16 billion barrels of oil and condensate, according to the U.S. Energy Information Administration.
Best Of This Week’s Drilling Activity Highlights (Sept. 20, 2019)
An Eagle Ford discovery by Chesapeake, high-volume Haynesville completions and Exxon Mobil’s latest offshore discovery top this week’s drilling activity highlights from around the world.
Pioneer, Chevron Call On Industry, Others To Tackle Permian Basin Flaring
The amount of gas flared has steadily increased, for the most part, in the Permian Basin as oil production has risen in recent years.
Hart Energy's Unconventional Activity Tracker
Hart Energy's exclusive rig counts measure drilling intensity. They exclude units classified as rigging up or rigging down, and also exclude rigs drilling injection wells, disposal wells or geothermal wells. They are designed to offer the most accurate picture of what is actually occurring in the field.
The Latest
Public Capital
Occidental Nears Divestiture Goal With Plains Stake Sale
Occidental Petroleum got closer this week to completing its divestiture goal with the $650 million sale of its remaining stake in Plains All American, but some analysts are saying it’s not enough.
September 20, 2019
Rig Counts
US Oil Drillers Cut Rigs To Lowest Since May 2017
Drillers cut 14 oil rigs in the week to Sept. 20, bringing down the total count to 719, Baker Hughes, a GE company, said in its weekly report.
September 20, 2019
Public Capital
Rosehill Resources Eyes Quarterly Production Growth In Permian
Rosehill, which is focused on the Delaware sub-basin, said third-quarter production could be between 20,000 and 21,000 barrels of oil equivalent per day.
September 20, 2019
Unconventional
Analyst: Argentina’s Vaca Muerta Shale Faces Bottlenecks
The Vaca Muerta Formation in the Neuquén Basin has technically recoverable resources of 308 trillion cubic feet of natural gas and 16 billion barrels of oil and condensate, according to the U.S. Energy Information Administration.
September 20, 2019
Highlights
Best Of This Week’s Drilling Activity Highlights (Sept. 20, 2019)
An Eagle Ford discovery by Chesapeake, high-volume Haynesville completions and Exxon Mobil’s latest offshore discovery top this week’s drilling activity highlights from around the world.
September 20, 2019
Unconventional
China’s Shale Gas Field Fuling To Pump Record 7 Bcm In 2020
The Fuling Field currently has a total of 402 wells in production, pumping 17.755 million cubic meters of gas a day, according to a report.
September 20, 2019
Business
E&P Momentum: Killing The Goose That Lays The Golden Egg
Well stimulation firms are experiencing economic headwinds despite completing more stages at higher pump rates for customers as pricing softens and frack equipment stacks out.
September 20, 2019
Rig Counts
Chart: Eastern Rig Count As Of September 20, 2019
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
September 20, 2019
Rig Counts
Chart: Gulf Coast Rig Count As Of September 20, 2019
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
September 20, 2019
Rig Counts
Chart: Midcontinent, Permian Basin Rig Count As Of September 20, 2019
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
September 20, 2019