Permian

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of June 29, 2020)

Rig count, oil production falls over the past week.

June 29, 2020

Business , Exploration & Production , Policy & Regulations , Shale Plays

Oil Groups Boosted by Cuts to US Royalty Rates during Pandemic

The Trump administration has slashed amounts oil and gas companies must pay for access on government-owned land during the COVID-19 pandemic.

June 29, 2020

Restructurings , Shale Plays

Sable Permian Resources Files for Bankruptcy

Sable Permian Resources was created last year when Aubrey McClendon's American Energy - Permian Basin LLC merged with its parent company in an attempt to avoid bankruptcy.

June 26, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (June 26, 2020)

Wolfcamp-Spraberry Trend wells completed by Earthstone Energy in the Permian Basin plus four strong Haynesville Shale discoveries from two separate pads in Louisiana’s Sabine Parish top this week’s drilling activity highlights from around the world.

June 26, 2020

Business , Crude Oil , Shale Plays

Harold Hamm on New US Gulf Coast Crude Benchmark

S&P Global Platts on June 26 will introduce American GulfCoast Select, a new benchmark for U.S. crude oil which shale pioneer Harold Hamm helped launch.

June 25, 2020

Business , Exploration & Production

Dallas Fed Survey: US Energy Producers Sought Bailout as Oil Prices Fell

More than half of the 160 energy executives surveyed in the top U.S. oil and gas producing region sought federal aid as a cushion against the economic downturn.

June 24, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 24, 2020)

Here’s a quicklist of oil and gas assets on the market including Permian Basin leasehold in Reeves County, Texas, plus a royalty interest package in the Eagle Ford Shale that includes wells operated by Devon Energy.

June 24, 2020

Unconventional , Natural Gas , Crude Oil , Shale Plays

Why US Shale Production Declines Are Higher Than You Might Think

The natural decline rates of existing oil and gas wells across major shale plays in the U.S. will contribute to a tighter supply/demand balance.

June 24, 2020

Completions

Permian Producer Hibernia Resources Sees Major Gains with Cold Bore’s SmartPAD

Hibernia's implementation of the completions optimization system led to $30,000 saving in reclaimed time and $10,000 per week in reduced downtime on a single pad.

June 23, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of June 22, 2020)

The number of oil and natural gas rigs operating in North America remains at a record low even as higher oil prices prompt some producers to start drilling again.

June 22, 2020