Nissa
Darbonne
Oil and Gas Investor
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.
Lower 48 Well Completions Doubled Since Late 2014, EIA Says
Operators have been able to accelerate production and reduce costs by completing multiple wells at once rather than sequentially, the U.S. Energy Information Administration said.
New Exxon Proppant Tech Enhances Permian Basin Well Recovery
Lightweight proppants engineered from refinery coke are giving Exxon an up to 15% lift in Permian EURs. “We generally surprised ourselves with the improvements,” CEO Darren Woods said.
Dean, Dean and More Dean: Dawson Wells Reach 15 MMbbl Milestone
The sheet of tight Dean sandstone, up to 300 ft thick, that sits between Spraberry and Wolfcamp in the Midland Basin has already made more than 15 MMbbl since 2020 from just 43 wells in Dawson County alone. Here’s a look.
Expand: 2%-Plus Gas OFS Deflation if Permian Cuts Rigs, Frac Crews
Reduced prices for goods and services may come as Permian Basin and other oil-focused E&Ps drop rigs and frac crews at $60 oil, Expand Energy executives said.
NOV CEO Sees ‘Even Playing Field’ with Global Tariff Battles
NOV Inc.’s CEO Clay Williams said he expects inflationary impacts and extended lead times as all global manufacturers simultaneously try “to rewire their supply chains.”
Innovex Sells Dril-Quip Facility for $95MM, Reduces Revenue Guidance
Innovex International Inc. has agreed to sell the Dril-Quip Eldridge Campus in northwest Houston to Big Acquisitions LLC for $95 million following its merger with Dril-Quip in September 2024.