Experts say electrofacies could prove beneficial for oil companies considering vertically unbounded wells in the Permian Basin.
“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.
Legal consequences and time needed to explore other options and work with other states and countries on oil cuts were among the issues discussed.
Some oil companies, without support from many of their peers, are asking Texas Railroad Commissioners to cut oil production by 20%.
Exxon Mobil’s latest find offshore Guyana and three extended-reach, horizontal producers completed by Gulfport Energy from a Grady County pad in Oklahoma top this week’s drilling activity highlights from around the world.
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
EnerVest Energy Institutional Fund XIV-1A LP has retained Detring Energy Advisors to market for sale a 15% nonoperated position in its Nora Field assets located in Virginia and West Virginia.
By establishing a good strategy for emissions management, oil and gas operators can bring an end to the never-ending chase of identifying and fixing leaky systems.
John Jacobi, non-executive director at Comstock Resources, says tough times are ahead but the oil and gas industry could benefit from getting a little smaller.
Similar to its peers in the service sector, Basic Energy Services has made moves over the past several months to protect its balance sheet as oil and gas operators slam the brakes on activity.
A new high-performance spacer fluid delivers success in mud removal and thermal stability downhole.