Soaring oil production transformed North Dakota over the past decade but last year’s oil market downturn hit the region hard.
The Permian Basin is poised to become the leader in the world’s low-carbon transition and those already working in the basin will be the pioneers of that transition, Occidental Petroleum’s William Barrett told attendees of Hart Energy’s Carbon Management Forum.
Gas prices have rallied, but what will be the implications for the North American shale market in the months ahead?
A shale expert shares some insight on factors to evaluate when optimizing hydraulic fracturing.
The new capital not only allows for a complete repayment of Battalion Oil’s previous credit facility, but also provides ample liquidity to accelerate the development of its Monument Draw asset in the Delaware Basin, CEO Richard Little says.
The largest week-over-week gains to the U.S. rig count occurred in the Gulf Coast and the Anadarko Basin. Meanwhile, the Permian had the largest loss at seven rigs.
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
The acquisition fund, in which the Goldman Sachs Asset Management Vintage Funds served as the lead investor, received $134 million in new capital commitments to it and a separate co-investment vehicle.
Cheniere Partners expects completion of Train 6 to be achieved in the first quarter of 2022, approximately 1 year ahead of the guaranteed completion date.
Rig count, crude futures fall slightly, shale basin gas production rises
An additional $1.5 billion of investment is required to increase production by 10% in Eagle Ford by the end of next year.