Shale gas explorer Tamboran Resources is set to debut on the Australian bourse on June 30 in the country's biggest oil and gas float in a decade, pitching itself as a growth story despite the world's push toward greener energy.
While operators in the Rockies unconventional plays added to the U.S. rig count this past week, the Eagle Ford Shale lost 10 rigs. Meanwhile, the Permian Basin RRC Dist. 7C lost four rigs and Dist. 8 added five.
The stacked pay basin has tantalized oil and gas producers as technical advances started to tame high variability, costs and frustrations.
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
The Williston Basin hit a 2021 high of 20 active rigs this past week, according to Enverus analysis of the U.S. oil and gas rig count.