Nissa
Darbonne
Oil and Gas Investor
Chord’s Longer Laterals Delivering Bigger Returns to Shareholders
Chord Energy shareholders are reaping the benefits from the Bakken E&P’s foray into drilling longer laterals, though a further dip in oil prices could cause the company to hunt for acquisitions at the low point in the cycle.
Hilcorp Joins Monster Western Haynesville; Mitsui Rigs Up
Hilcorp Energy made two horizontal recompletions in vintage wells in the area, while Mitsui E&P USA has pulled four permits, according to Texas Railroad Commission files.
Oilfield Service Firms Keep Merging to Survive
Faced with shrinking customer bases, rising costs and a slowing market, publicly traded oilfield services firms like SLB, DNOW and DXP are leaning into M&A to gain scale, efficiency and tech advantage.
How Faster-Curing Cement Mended Coterra’s $2B Market-Cap Loss
Injected saltwater disposal uphole was causing cross-flow behind-pipe, seeping into Coterra Energy’s Harkey sandstone wells in the Permian’s northern Delaware Basin. A faster-curing cement appears to have solved the problem.
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Chord’s Longer Laterals Delivering Bigger Returns to Shareholders
Chord Energy shareholders are reaping the benefits from the Bakken E&P’s foray into drilling longer laterals, though a further dip in oil prices could cause the company to hunt for acquisitions at the low point in the cycle.
Hilcorp Joins Monster Western Haynesville; Mitsui Rigs Up
Hilcorp Energy made two horizontal recompletions in vintage wells in the area, while Mitsui E&P USA has pulled four permits, according to Texas Railroad Commission files.
Oilfield Service Firms Keep Merging to Survive
Faced with shrinking customer bases, rising costs and a slowing market, publicly traded oilfield services firms like SLB, DNOW and DXP are leaning into M&A to gain scale, efficiency and tech advantage.
How Faster-Curing Cement Mended Coterra’s $2B Market-Cap Loss
Injected saltwater disposal uphole was causing cross-flow behind-pipe, seeping into Coterra Energy’s Harkey sandstone wells in the Permian’s northern Delaware Basin. A faster-curing cement appears to have solved the problem.
IPAA’s Newest Chief Roughneck: $50 Oil ‘Not What We Need’
Permian Basin-focused operator Don Sparks told fellow wildcatters, after receiving the IPAA’s lifetime achievement award, that Washington should be helping the U.S. industry assure national security, and that won’t happen at $50 oil.
Exxon Ramps Up Use of Its Custom Proppant After Positive Results
The black sand made at refineries is delivering production gains of up to 18% in comparison tests as a lightweight proppant, Exxon engineers said at URTeC.
Chevron, Halliburton Develop New Feedback Process for Completions in Colorado
The technique combines Halliburton’s fracturing platform with Chevron’s subsurface knowledge built into an algorithm to enable decision-making.
‘Just Frac It:’ E&Ps Find Oil, Gas Treasure Remaining in L48 Basins
Wildcatters are finding success in new Lower 48 plays including the Eagle Ford’s Pearsall, the Midland Basin’s Dean and the Utica. Continental Resources’ Harold Hamm said some plays have been picked over with little success but, “that doesn’t mean it’s not there.”
Monumental Begins Workover Operations at Copper Moki 1 and 2
Monumental Energy Corp. has started workover operations at the Copper Moki-1 and Copper Moki-2 wells in New Zealand’s Taranaki Basin.
Breaking the Efficiency Barrier: Permian OFS Firms Race to Improve
Service companies such as NOV and ChampionX, working with operators, are optimizing well designs to boost well productivity and ultimately lower costs as shale production growth slows.