Creative approaches to water management are helping shift the production paradigm in the Permian Basin.
Texas Railroad Commission, the state's energy regulator, will weigh a mandated cut at its next scheduled meeting, said Ryan Sitton, the commissioner who first floated 10% cuts two weeks ago.
Percussion Petroleum II will pursue the same acquisition and development strategy as its predecessor, which sold its position in the Permian Basin’s Northwest Shelf to Spur Energy Partners in mid-2019.
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%.
A high-volume Wolfcamp producer by EOG in Loving County, Texas, and results from a Utica Shale well test in Ohio top this week’s drilling activity highlights from around the world.
Editor’s note: there were no updates from the previous week’s A&D transactions chart that ran March 18.