Archive for the ‘Barnett Shale’ Category
Devon Energy Corp., Oklahoma City, has agreed to sell the southern portion of its Barnett shale position for $553 million to an undisclosed buyer.
- Posted in Barnett Shale, Companies, Devon Energy Corp, Drilling Production, General Interest, Oil & Gas Journal, Production Operations, Unconventional Resources
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The US rig count during the week ended Oct. 13 declined for the eighth time in 11 weeks. But forecasters continued to see growth in both drilling and production in the coming months and years supported in part by steadier crude oil prices.
- Posted in Bakken Shale, Barnett Shale, Drilling Operations, Drilling Production, Eagle Ford, Granite Wash, Niobrara, Oil & Gas Journal, Permian Basin, Production Operations, Unconventional Resources
- Comments Off on US rig count drops again, but drilling growth still seen
Baker Hughes: US rig count drops 4 units
October 6th, 2017 by Latest News
The US drilling rig count fell 4 units to 936 during the week ended Oct. 6, according to Baker Hughes data.
- Posted in Barnett Shale, Drilling Operations, Drilling Production, Eagle Ford, Marcellus Shale, Niobrara, Oil & Gas Journal, Permian Basin, Unconventional Resources, Woodford Shale
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The US drilling rig count is seesawing between gains and losses.
- Posted in Barnett Shale, Drilling Operations, Drilling Production, Eagle Ford, Granite Wash, Marcellus Shale, Niobrara, Oil & Gas Journal, Permian Basin, Unconventional Resources, Utica, Woodford Shale
- Comments Off on US oil rig count up just 2 as firms ponder second-half activity
US rig count growth appears to be slowing.
- Posted in Bakken Shale, Barnett Shale, Drilling Operations, Drilling Production, Eagle Ford, Haynesville Shale, Niobrara, Oil & Gas Journal, Permian Basin, Production Operations, Unconventional Resources, Woodford Shale
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ConocoPhillips to exit Barnett shale
June 29th, 2017 by Latest News
ConocoPhillips has agreed to sell its interests in the Barnett shale of North Texas to an affiliate of Miller Thomson & Partners LLC, Lafayette, La., for $305 million plus net customary adjustments.
- Posted in Barnett Shale, Companies, Drilling Production, General Interest, Oil & Gas Journal, Production Operations, Unconventional Resources
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BHI: North Dakota, Williston climb as US rig count posts 22nd straight increase
June 16th, 2017 by Latest News
The US drilling rig count has now increased in 22 consecutive weeks, according to Baker Hughes Inc. data.
- Posted in Bakken Shale, Barnett Shale, Drilling Operations, Drilling Production, Haynesville Shale, Oil & Gas Journal, Permian Basin, Production Operations, Unconventional Resources, Woodford Shale
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Oklahoma’s Cana Woodford and the New Mexico Permian served as the primarily catalysts behind the 21st consecutive US rig count increase.
- Posted in Barnett Shale, Drilling Operations, Drilling Production, Eagle Ford, Granite Wash, Haynesville Shale, Marcellus Shale, Niobrara, Oil & Gas Journal, Permian Basin, Production Operations, Unconventional Resources, Utica, Woodford Shale
- Comments Off on BHI: Oklahoma, New Mexico leaders in 11-unit US rig count gain
The US drilling rebound that extends back almost a year has surpassed another benchmark, rising above 900 in its 18th straight week of gains.
- Posted in Barnett Shale, Drilling Operations, Drilling Production, Eagle Ford, Granite Wash, Haynesville Shale, Marcellus Shale, Niobrara, Oil & Gas Journal, Permian Basin, Production Operations, Unconventional Resources, Utica
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Oklahoma City, Okla., independent Devon Energy Corp. reported on plans to divest $1 billion-worth of upstream assets including noncore portions of the Barnett shale area focused mainly around Johnson County as well as other properties in the company’s US resource base.
- Posted in Barnett Shale, Companies, Devon Energy Corp, General Interest, Oil & Gas Journal, Unconventional Resources
- Comments Off on Devon Energy to divest $1 billion in upstream assets