Two extended-lateral Wolfcamp Shale producers completed by CrownQuest and a horizontal Frontier discovery in Wyoming’s Converse County top this week’s drilling activity highlights from around the world.
Exxon Mobil Corp. has made major strategic moves to gain a significant position in the Permian Basin. The market awaits the results.
Laredo Petroleum began this year with its common stock trading around $2.76 per share but has since seen its stock price nosedive by roughly 87%.
On average, Reuters estimates North America oil and gas producers have cut their 2020 budgets by about 30% since the fall in oil prices.
Permian crude oil mover Oryx Midstream Services accepted a $3.6 billion takeover bid last year and is now recapitalized to go so much further. What that might look like is left to the imagination of its founding team.