The U.S. rig count advances for a sixth consecutive week with the largest week-over-week increases in the Permian and Williston basins.
Japanese trading house Sumitomo bought a 100% stake in 2018 in a field in the Eagle Ford formation of South Texas that was set to have peak output of 3,000 boe/d.
Upstream oil and gas expert highlights the Haynesville Shale in a discussion covering markets, basin lifecycle and the new economic model.
Similar to real-life growing pains, ‘it’s awkward and it's painful,’ but the U.S. tight oil sector is heading toward a healthier era, Wood Mackenzie analysts say.
New oil and gas rigs added for 10th week in a row in the U.S. with gains in the Gulf Coast, Permian and Appalachia basins.