Check out the latest oil and gas drilling activity highlights across the U.S. featured in the November issue of E&P Plus including a Purple Sage Field-Wolfcamp well in New Mexico, a Haynesville Shale producer in Louisiana’s Sabine Parish and an Ascent Resources Utica Shale discovery.
The U.S. rig count rises again.
Orbital Sidekick will provide targeted monitoring in the oil and gas industry to detect and prevent leaks.
The U.S. rig count rose by 10 last week.
Today’s featured Forty Under 40 honoree is Adam Dirlam, who has led more than $1 billion worth of acquisitions across 400-plus transactions in his current role as COO of Northern Oil and Gas.
Here’s a quicklist of oil and gas assets on the market including a package of operated Oklahoma assets in Ellis County from Kaiser-Francis Oil plus Winfield Resources’ horizontal Marcellus wellbore-only interests in Pennsylvania.
The U.S rig count is up 14% over the last month with the largest gains in the Gulf Coast and Permian Basin regions.
Abraxas Petroleum effected a 1-for-20 reverse stock split of its issued and outstanding shares of common stock on Oct. 19, which boosted the oil producer’s share price above $1 for the first time since July 2019.