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.
Within the past week, Northern Oil and Gas, an E&P with a nonop position in the core of the Williston Basin Bakken and Three Forks play, has agreed to repurchase and retire $66.8 million of its 2023 notes
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.
New-generation downhole motor delivers increased horsepower, torque and durability to drill the curve and lateral in one run and drill extended-lateral sections.
Wade Hutchings’ appointment as COO is in conjunction with the retirement of Ray Daniels, who has had a decades-long career in energy including 12 years at Enerplus.
STEP Energy Services (STEP) performed its first coiled tubing job in North Dakota earlier this month for an independent oil producer in the area, the company said on Jan. 16.
Here’s a quicklist of oil and gas assets on the market including Corterra Energy Arkoma Basin properties and Echo Investment Partners foreclosure process.
Here’s a snapshot of energy deals from the past week including Kimbell’s acquisition of NGP-backed Springbok plus the closing of Parsley’s multibillion-dollar merger with Jagged Peak.