United States

Exploration & Production , Policy & Regulations

Texas Oil Regulator Exceeds Annual Goal for Plugging Abandoned Wells

The Railroad Commission of Texas plugged 1,477 abandoned oil and gas wells in fiscal-year 2020, which ended on Aug. 31, exceeding its target for the fourth straight year.

September 25, 2020

Rig Counts

US Oil Drillers Add Rigs, Still Down for Seventh Quarter

The oil and gas rig count, an early indicator of future output, rose six to 261 in the week to Sep. 25, energy services firm Baker Hughes said in its closely followed report.

September 25, 2020

Lease Sales

Marketed: Ridge Runner Resources Wolfcamp Shale Permian Basin Assets

Ridge Runner Resources Operating retained EnergyNet for the sale of a Wolfcamp Shale opportunity in the Permian Basin through a sealed-bid offering comprised of properties located in New Mexico’s Lea County.

September 25, 2020

Crude Oil , Trade , International

Iran’s Oil Exports Jump in September Defying US Sanctions

Exports have shrunk from over 2.5 million bbl/d since the U.S. withdrew from a nuclear deal with Iran and reimposed sanctions in 2018. Still, Iran has been working to get around the measures and keep exports flowing.

September 25, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Sept. 25, 2020)

Wolfcamp Shale wells completed by Occidental Petroleum in the Permian Basin’s Purple Sage Field plus Equinor’s results from an oil discovery offshore Canada in the Flemish Pass top this week’s drilling activity highlights from around the world.

September 25, 2020

Public Capital , Exploration & Production , Crude Oil , Shale Plays

ConocoPhillips Sees Global Oil Demand Returning

The view stands in contrast to that of rival BP Plc, which sees the coronavirus pandemic leaving a lasting effect on global energy demand, though ConocoPhillips still expects "quite a bit of uncertainty next year."

September 25, 2020

Rig Counts , Unconventional

Chart: Eastern Rig Count as of September 25, 2020

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

September 25, 2020

Rig Counts , Unconventional

Chart: Gulf Coast Rig Count as of September 25, 2020

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

September 25, 2020

Rig Counts , Unconventional

Chart: Midcontinent, Permian Basin Rig Count as of September 25, 2020

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

September 25, 2020

Rig Counts , Unconventional

Chart: Western Rig Count as of September 25, 2020

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

September 25, 2020