The Anadarko Basin has increased its rig count by about 67% over the last month largely due to activity in the region from Continental Resources, Citizen Energy, Marathon Oil and Mewbourne Oil.
The Ohio Oil and Gas Association and the Ohio Oil and Gas Energy Education Program recently hosted roundtables and tours in an effort to ensure all of the state’s congressional delegation is familiar with the natural gas and oil industry.
Partners decide to cease development because they could not obtain water permits in New Jersey.
Spraberry Field producers in the Midland Basin announced by Headington Energy plus Chesapeake Marcellus Shale completions in Pennsylvania’s Wyoming County and another Exxon Mobil Guyana discovery top this week’s oil and gas drilling activity highlights from around the world.
Beginning Nov. 1, Southwestern will produce and Tennessee Gas Pipeline, a subsidiary of Kinder Morgan, will transport the responsibly sourced natural gas to Northeast markets.
Here’s a quicklist of oil and gas assets on the market including a legacy mineral position in the Permian Basin plus a Rock Oil nonop and minerals opportunity in the SCOOP and STACK plays of Oklahoma.
The U.S. rig count hit a 2021 high this past week with the most notable increases week-over-week occurring in the Gulf Coast, Permian Basin and Appalachia shale plays.
A Mewbourne Oil well completed in Ochiltree County, Texas, plus a Chesapeake Energy Marcellus Shale discovery as well as additional finds offshore Australia’s Otway Basin and Java Island, Indonesia top this week’s oil and gas drilling activity highlights from around the world.
The projected increase in oil and gas production follows recent reports by the EIA of a sharp decline in the DUC count in all major U.S. shale regions.