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Addison
Hart Energy
Shale Plays
Research Points to Hidden Opportunities in Permian Basin
Some wells in the Permian’s Delaware sub-basin can clear a ‘10% half-cycle hurdle rate even with WTI below US$30/bbl,’ Wood Mackenzie says.
Experts: No Reservoir Damage for Production from Shut-In Shale Wells
Panelists agreed there are, however, exceptions. And costs could run from thousands to millions of dollars depending on services needed to restart production.
Looking for Economic Intervals in the Permian Basin?
Experts say electrofacies could prove beneficial for oil companies considering vertically unbounded wells in the Permian Basin.
‘Like Watching a Train Wreck’: The Coronavirus Effect on North Dakota Shale Oil Patch
“If this is an act of God, maybe I need to find another career because I guess God’s had enough of the oilfield,” said oilfield services worker Nils MacArthur.
The Latest
Infrastructure, Health, Safety & Environment, Construction, Pipelines
Despite DAPL Setback, Energy Transfer Vows to Keep Fighting
A day after Dominion and Duke canceled the Atlantic Coast Pipeline as litigation mounted, the industry again finds itself confounded by permitting issues.
July 7, 2020
Rig Counts, Unconventional, Shale Plays
Hart Energy Unconventional Activity Tracker (Week of July 6, 2020)
U.S. rig count down from previous week while crude futures jump 200% over the past 10 weeks.
July 6, 2020
Infrastructure, Shale Plays, Pipelines
US Court Orders Dakota Access Oil Pipeline to be Shut Down, Emptied
DAPL is the largest oil pipeline running out of North Dakota’s Bakken shale basin and Native American tribes and environmental groups have long protested the line's construction.
July 6, 2020
Business, Private Equity, Exploration & Production, Shale Plays, Acquisitions & Divestitures, Trends
Private Reserves: An Outlook from Private Oil Producers
Zero- and lightly levered private operators throughout U.S. oil basins are on the lookout to buy—and not just where they operate currently. These five producers—in Wyoming, Oklahoma, Colorado and South Texas—share their plans.
July 6, 2020
Construction, Pipelines
Dominion, Duke Energy Cancel Atlantic Coast Pipeline
Dominion Energy and Duke Energy on July 5 announced the cancellation of the Atlantic Coast Pipeline due to ongoing delays and increasing cost uncertainty which threatens the economic viability of the project.
July 5, 2020
Restructurings, Public Capital, Exploration & Production, Shale Plays
Rosehill Resources to Join Growing Number of E&P Bankruptcies
“After exploring all strategic and financial options available to Rosehill,” CEO David French said the company agreed to a restructuring plan with its major creditors, which includes filing for Chapter 11 bankruptcy, .
July 3, 2020
Rig Counts, Unconventional
Chart: Midcontinent, Permian Basin Rig Count As Of July 3, 2020
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
July 3, 2020
Rig Counts, Unconventional
Chart: Eastern Rig Count As Of July 3, 2020
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
July 3, 2020
Rig Counts, Unconventional
Chart: Gulf Coast Rig Count As Of July 3, 2020
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
July 3, 2020
Rig Counts, Unconventional
Chart: Western Rig Count As of July 3, 2020
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
July 3, 2020