A Marcellus Shale discovery by EQT, Marathon’s Upper Three Forks completion and two horizontal Woodford producers top this week’s drilling activity highlights from around the world.
Here’s a quicklist of oil and gas assets on the market including “SOHOT” asset packages from Marathon Oil in Oklahoma plus a Merit Energy Powder River Basin waterflood asset.
Energy Advisors Group is assisting a mineral and royalty holding company seeking acquisitions of any size in the major U.S. basins especially in plays such as the Permian Basin, Haynesville and Utica/Marcellus.
U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the smallest monthly increase since shale output declined in February 2019.
To everything there is a season, and while others might find this a time to scatter stones, this disciplined and prepared E&P is busy gathering them. The principals of Lime Rock Resources talk strategy, A&D and practiced patience.
Wade Hutchings’ appointment as COO is in conjunction with the retirement of Ray Daniels, who has had a decades-long career in energy including 12 years at Enerplus.
The dialing in of optimal completion designs by operators is keeping sand and water providers busy right-sizing their logistical response.
Austin Chalk producers, Chief Oil & Gas Marcellus wells and a Wolfcamp discovery by EOG top this week’s drilling activity highlights from around the world.