Archive for the ‘Eagle Ford’ Category
Crude oil production from the seven major US onshore regions is
projected to rise 113,000 b/d month-over-month in August to 5.585
million b/d, the US Energy Information Administration says in its Drilling Productivity Report.
The overall US rig count failed to record an increase this week for
the second time in 3 weeks as oil-directed rigs edged up. The drop in
activity comes just a few days after the US Energy Information
Administration slightly lowered its crude oil pr…
Under a price-recovery scenario that assumes West Texas Intermediate
oil prices will hit $60-70/bbl from 2019 onwards, shale drilling and
completions will increase at 20%/year and production will increase at
12%/year through 2021, according to the n…
The US Energy Information Administration
forecasts crude oil production from the seven major US onshore regions
to expand 127,000 b/d month-over-month in July to average 5.475 million
b/d. The Permian and Eagle Ford are projected to account for 108,…
A study conducted by the US Geological Survey
shows that unconventional oil and gas production in some areas of
Arkansas, Louisiana, and Texas is not currently a significant source of
methane or benzene to drinking water wells.
Oklahoma’s Cana Woodford and the New Mexico Permian served as the primarily catalysts behind the 21st consecutive US rig count increase.
SM Energy Co., Houston, is increasing its production guidance by 400,000 boe, all in the second quarter, after accelerating completion activity by 11 wells in its Eagle Ford program.
A study conducted by the US Geological Survey
shows that unconventional oil and gas production in some areas of
Arkansas, Louisiana, and Texas is not currently a significant source of
methane or benzene to drinking water wells.
The Baker Hughes Inc. US rig count’s 19th straight weekly increase came by way of Colorado and gas-directed rigs instead of the usual lift from Texas and oil-directed rigs.
WildHorse Resource Development Corp. (WRD), Houston, has agreed to acquire 111,000 net acres and associated production from Anadarko Petroleum Corp., The Woodlands, Tex., and affiliates of New York City private equity firm KKR & Co. LP for $625 mil…