Unconventional

Unconventional

Turning to DUCs for Short-term Oil Productivity Gains

The inventory of DUCs continued to build this year as the COVID-19 pandemic slowed demand, but companies are now looking to complete wells given improved market conditions.

August 12, 2020

Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures

Southwestern Energy Builds Position with Montage Resources Deal

The transaction, expected to close in the fourth quarter, would make Southwestern the third largest producer in Appalachia.

August 12, 2020

Unconventional , Shale Plays , Seismic

TGS Gears Up For 3D Seismic Survey in Powder River Basin

TGS, a leading provider of multiclient geoscience data for E&P companies, on Aug. 12 announced a new multiclient U.S. onshore 3D seismic survey within the Powder River Basin called Voyager 3D.

August 12, 2020

Unconventional , Drilling

Empire Taps Schlumberger to Help Unlock Potential Northern Territory Shale Resources

Plans are for Schlumberger Land Rig 183 to drill to a depth of about 2,900 m, allowing Empire to evaluate the targeted Velkerri Shale and Kyalla Shale, the company said in a news release.

August 11, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Aug. 10, 2020)

U.S. energy firms cut the number of oil and gas rigs over the past week to a record low for a 14th week even as higher oil prices prompt some producers to start drilling again.

August 10, 2020

Rig Counts , Unconventional

Chart: Eastern Rig Count as of August 7, 2020

Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia

August 7, 2020

Rig Counts , Unconventional

Chart: Gulf Coast Rig Count as of August 7, 2020

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

August 7, 2020

Rig Counts , Unconventional

Chart: Midcontinent, Permian Basin Rig Count as of August 7, 2020

Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10

August 7, 2020

Rig Counts , Unconventional

Chart: Western Rig Count as of August 7, 2020

California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming

August 7, 2020

Public Capital , Unconventional , Shale Plays

Continental Resources to Resume Most Curtailed US Shale Production

Continental Resources, which shut 70% of its oil output when prices and fuel demand collapsed, said U.S. production growth will stay moderate unless oil reaches $50-$60/bbl.

August 4, 2020