The 4.6 Bcf/d of new Permian Basin gas takeaway may be followed by another 5.9-Bcf/d expansion, and “we believe all will be needed,” a KeyBanc Capital Markets analyst said of findings from deeper target Midland Basin wells.
Here’s a roundup of the latest E&P headlines, including a natural gas discovery in the Barents Sea and a new Woodside contract offshore Mexico.
Privately held producer Greylock Energy gains traction in both upstream and midstream deal-making, boosting build-out in Appalachia and the Rockies.
Monumental Energy’s second workover at the Copper Moki-1 (CM-1) oil and gas well will restore oil and associated gas production from the well in New Zealand’s Taranaki Basin.
The 4.6 Bcf/d of new Permian Basin gas takeaway may be followed by another 5.9-Bcf/d expansion, and “we believe all will be needed,” a KeyBanc Capital Markets analyst said of findings from deeper target Midland Basin wells.
Here’s a roundup of the latest E&P headlines, including a natural gas discovery in the Barents Sea and a new Woodside contract offshore Mexico.
Privately held producer Greylock Energy gains traction in both upstream and midstream deal-making, boosting build-out in Appalachia and the Rockies.
Monumental Energy’s second workover at the Copper Moki-1 (CM-1) oil and gas well will restore oil and associated gas production from the well in New Zealand’s Taranaki Basin.
EOG Resources “is basically out of Tier 1 Karnes [County, Texas] inventory” for oily Eagle Ford wells, Roth analyst Leo Mariani said. In the Permian Basin, “EOG may only have a few years left of Tier 1 Permian inventory.”
Chord Energy shareholders are reaping the benefits from the Bakken E&P’s foray into drilling longer laterals, though a further dip in oil prices could cause the company to hunt for acquisitions at the low point in the cycle.
Calgary’s Spartan Delta Corp. is seeing strong oil and liquids output from new horizontals landed in the Duvernay Shale in Alberta. One new Duvernay well produced 1,470 boe/d (86% liquids) over 20 days, including 1,202 bbl/d of oil.
Touchstone Exploration Inc. drilled its Cascadura-5 development well onshore Trinidad and Tobago on time and within budget after encountering “encouraging” data.
Here’s a roundup of the latest E&P headlines, including a natural gas discovery offshore by Exxon Mobil.
Ten years since Surge Energy incorporated and took a chance on difficult terrain, the privately held producer sets its sights on organic growth and corporate acquisitions.