A horizontal wildcat in Isaac Ryan Survey, A-379, in southwestern Palo Pinto County, Texas, (RRC 7B) reached total depth of approximately 7,500 ft. in Isaac Ryan Survey, A-413, in northern Eastland County. Casing was set in Barnett shale at 6,400 ft. by CDX Gas LLC, Dallas, at its #5H Pilot, more than two miles south of the town of Strawn. The company also drilled #1H Pilot to 5,779 ft. in Hiram Peace Survey, A-401, Eastland County, and is awaiting completion tools. In the same survey, #4H Pilot was drilled to an unreported depth and #2 Pilot reached 3,741 ft. The company also drilled #3H Pilot to 7,000 ft. in the I. Ryan Survey, A- 413. The closest Barnett production to the cluster of wildcats is more than five miles northeast, where #5 R.L. Graham, in Abner Ashworth Survey, A-1, tested for 285,000 cu. ft. of gas a day.
IOG Resources Boosts Appalachia Footprint with Acquisition
2023-03-31 - The Dallas-based investment firm is picking up non-operated oil and gas assets in Ohio and Pennsylvania.
Williams Hopes Gas Pipeline Project Gives LEG Up in Transition
2023-03-31 - Williams’ LEG gas pipeline project is a key component of its low-carbon strategy.
S&P Lowers Currency Ratings on Argentine Producers
2023-03-31 - S&P Global Ratings lowered the local and foreign currency ratings to ‘CCC-’ from ‘CCC+’ on Pampa Energia S.A., YPF S.A. and nine other entities, which all now have a negative outlook.
Energy Transition in Motion (Week of March 31, 2023): Advancing Projects, Investment
2023-03-31 - Here’s a look at some of this week’s renewable energy news, including plans to add offshore wind capacity globally.
Norway’s PGS Places $450 Million Bond
2023-03-31 - Norwegian marine geophysical company PGS ASA placed a new $450 million senior secured bond, which together with cash on hand will be used to repay the company’s B term loan.