BJ Energy Solutions has entered into a fracturing services agreement on May 5 to provide Comstock Resources with its TITAN next-generation fracturing technology. A TITAN fleet will be deployed to Comstock's Haynesville operation in early 2022, representing the company's second TITAN fleet in the basin.
This contract will support Comstock's completions program over the next three years. With the deployment of a 100% natural gas-powered TITAN fleet, the company will work closely with Comstock to improve greenhouse gas emissions and overall well economics through the elimination of diesel fuel use, well site minimization, and improved operational efficiencies.
“We have taken considerable time to evaluate BJ's next-generation technology. The TITAN solution will provide a substantial contribution toward Comstock's CO2e and methane reduction goals while also improving our economics. We are thrilled to be working with BJ on this initiative,” Dan Harrison, Comstock's COO, said.
2022-07-05 - Following the closing of the transaction, the owners of Stronghold II Operating, founded in 2017 by father and son duo Steve and Caleb Weatherl, will become Ring Energy’s largest stockholder.
2022-06-07 - In its initial acquisition, Andros Minerals entered an agreement with an undisclosed private seller to acquire a portfolio located in the Eagle Ford Shale and Permian’s Midland and Delaware sub-basins.
2022-06-07 - Desert Peak—the largest independent Permian Basin pure-play mineral and royalty company—completed its all-stock merger with Falcon Minerals with the combined company based in Denver rebranding as Sitio Royalties.
2022-06-16 - Riverbend Energy Group had assembled the nonop acreage since 2016 through three funds; it retains assets in the Permian’s southern Midland Basin.
2022-06-08 - Devon Energy agreed to acquire the leasehold interest and related assets of RimRock Oil and Gas, a Warburg Pincus portfolio company focused in the Williston Basin.