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.
MAC 5 Operating retained Energy Advisors Group to assist in sourcing a development partner to participate in the conventional development in the Panhandle Field of Moore County, Texas.
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.
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.
Chad Stephens had previously been appointed interim CEO of Panhandle Oil and Gas as part of a leadership transition tied to a shift in strategy by the company to increase its focus on the mineral acquisition market.
Continental Resources’ Middle Bakken discovery, extended-lateral Haynesville Shale producers and a Wolfcamp well tested by EOG top this week’s drilling activity highlights from around the world.
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.