Larry
Prado
HartEnergy.com
Best Of This Week’s Drilling Activity Highlights (Dec. 6, 2019)
EOG's Wolfcamp discoveries; Antero Resources, Utica completion; two Bethany Longstreet Field-Haynesville completions.
Shale Players Search For ‘Happy Median’ In Permian Basin, Eagle Ford
Longer laterals and wider spacing are among the trends being seen, expert says.
Key Players: Shale Growth Slows For Top US Operators
Second-half 2019 results show glimmer of hope for a promising 2020. This section profiles 43 major U.S. shale players operating in the Permian, Eagle Ford, Rockies, Midcontinent and Appalachia and covers their latest 2019 production results and 2020 forecasts.
Oil Companies Swap Stakes In Mexico As Government Holds Off On Auctions
Companies selling stakes include large foreign producers that were awarded blocks in previous rounds.
The Latest
Discoveries
Mexico's Pemex Announces Discovery Of 'Giant' Crude Oil Deposit
Mexican state oil company Pemex said on Dec. 6 it has discovered a deposit in southeastern Mexico that could yield 500 million barrels of crude, calling it the largest such finding in more than 30 years.
December 8, 2019
Unconventional
Three-Way Midland Basin Combination Creates $1.5 Billion E&P
The deal would create the largest pure-play northern Midland Basin E&P with a 73,000-net-acre position that is expected to produce 12,000 barrels of oil equivalent per day (boe/d) in 2020.
December 6, 2019
Exploration & Production
Saudi Delivers Deeper Cuts As OPEC+ Oil Producers Back New Pact
Saudi with OPEC peers and allies led by Russia backed a plan that could see cuts of as much as 2.1 million barrels per day (MMbbl/d), Saudi Energy Minister Prince Abdulaziz bin Salman said.
December 6, 2019
Highlights
Best Of This Week’s Drilling Activity Highlights (Dec. 6, 2019)
EOG's Wolfcamp discoveries; Antero Resources, Utica completion; two Bethany Longstreet Field-Haynesville completions.
December 6, 2019
Rig Counts
US Oil Rig Count Drops By Five
Baker Hughes reported the oil rig count fell to 663 this week, the lowest since April 2017.
December 6, 2019
Unconventional
Updated: Top 12 IP Wells In The Permian Basin
December 2019: Three Loving County, Texas, Wolfcamp Discoveries Reported By EOG Resources
December 6, 2019
Rig Counts
Baker Hughes Releases Worldwide Rig Count For November
Baker Hughes said Dec. 6 that its international rig count for November dropped by 34 to 1,096, compared to 1,130 in October.
December 6, 2019
Rig Counts
Chart: Eastern Rig Count As Of December 6, 2019
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
December 6, 2019
Rig Counts
Chart: Gulf Coast Rig Count As Of December 6, 2019
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
December 6, 2019
Rig Counts
Chart: Midcontinent, Permian Basin Rig Count As Of December 6, 2019
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
December 6, 2019