U.S. Onshore
News
October 02, 2024
The assets, located in Weld County, Colorado, add 5,592 net leasehold acres, 89 approved well permits, and 26 operated horizontal wells, enhancing Prairie’s cash flow in the DJ basin.
News
October 02, 2024
Matterhorn Express Pipeline has begun transporting natural gas into Williams Cos.’s Transco pipeline, a long-awaited addition to midstream infrastructure serving the Permian basin.
News
October 02, 2024
The RRC has new proposed rules for public comment to administer legislation in the geothermal energy front in Texas, specifically addressing shallow closed-loop geothermal systems, including the associated injection wells, which are used to heat or cool buildings without conversion to electricity.
News
October 01, 2024
The new location is fully equipped to support this region’s mobile power generator fleet and will provide a full range of maintenance and repair services.
News
September 27, 2024
TotalEnergies has signed an agreement with Lewis Energy Group to acquire a 45% interest in dry gas producing assets owned and operated by Lewis Energy Group in the Eagle Ford basin in Texas.
News
September 26, 2024
Upon closing, the combined company will be the largest natural gas producer in the U.S. and assume the name Expand Energy Corporation.
News
September 17, 2024
The Midland, Texas-based company, which recently finalized its acquisition of Endeavor Energy, has also signed a nonbinding letter of intent with nuclear power developer Oklo Inc. to deploy small reactors for some of its future electricity needs.
News
September 12, 2024
Diamondback Energy announced that it has closed its merger with Endeavor Energy Resources, the company said on Sept. 10.
News
September 11, 2024
The properties are located in the Central Basin Platform, Texas and New Mexico Shelf, and Northwest Shelf, and currently represent estimated net production of 21,000 boed, of which approximately 57% is oil.
News
September 09, 2024
The group led by Saudi Arabia and Russia delayed easing supply curbs last week, but now needs to pick which way it wants to go ahead of next year, given outlook for balances was “not great”, said Ben Luckock, global head of oil at Trafigura.
News
September 08, 2024
According to the Railroad Commission of Texas, the agency plugged 1,012 orphan wells in Fiscal Year 2024 using state funds. This exceeded the fiscal year’s goal of plugging 1,000 wells with state funds, making it the eighth year in a row in which the RRC has surpassed its legislative target.
News
September 05, 2024
After constricting AI to mostly back-office tasks such as evaluating seismic surveys, while keeping drilling and hydraulic fracturing firmly in human hands, U.S. operators are increasingly adopting the emerging technology to boost more mainstream work.
News
August 30, 2024
Marathon Oil will file the vote results of the special stockholder meeting in a Form 8-K with the U.S. Securities and Exchange Commission. The companies to expect the transaction to close late in the fourth quarter of 2024.
News
August 29, 2024
The deal was “fundamental” to the Colombian oil producer’s future and without the resources it would have provided, its finances will deteriorate, Juan José Echavarría and Luis Alberto Zuleta wrote in their resignation letter, which is dated Aug. 30 but has already been published by local media.
News
August 29, 2024
EOG, Conocophillips, Occidental and Devon Energy filled in the remaining four of the top five drilling customer positions. Patterson-UTI, Nabors, Ensign Energy Services and Precision Drilling took places 2-5 as the top U.S. land drillers.
News
August 29, 2024
Drillers have extended the horizontal length of their wells since the pandemic to three miles or more to squeeze more output from their sites. The longer so-called laterals are often credited with helping explorers deliver surprise production growth of 1 MMbpd last year.
News
August 27, 2024
The package includes older wells in the Permian’s Central basin that produce small but stable amounts of oil, according to people familiar with the matter who declined to be named because sale negotiations are private.
News
August 26, 2024
After pumping less crude in the years leading up to the pandemic than top counties in neighboring Texas, New Mexico’s Lea County has been rapidly gaining ground. Production there has expanded faster than in any other U.S. county, last year becoming the first to ever produce more than 1 MMbpd, according to energy research firm Enverus.
News
August 23, 2024
Haitian-American oil tycoon Emmanuel Fritz Paret, CEO of Paret Mining LLC, has acquired a 10,000-acre oil reserve in Bowling Green, Kentucky.
News
August 23, 2024
This move is part of bp’s broader strategy to cut emissions and enhance efficiency through advanced infrastructure, including the development of centralized processing facilities and innovative drilling technologies.
News
August 22, 2024
Shale producers are pumping more oil per dollar invested in oil fields by drilling wells with fewer rigs and using better fracing techniques, BloombergNEF said in a report published Thursday. The U.S. will increase production 4.5% to a record 13.9 MMbpd next year.
