Archive for the ‘Haynesville Shale’ Category
A recent surge in the US rig count has included double-digit increases in 7 of the last 12 weeks.
EIA: Production from major US oil, gas regions to rise in January
December 12th, 2016 by Latest News
Crude oil and natural gas output from the seven major producing regions in the US is expected to begin 2017 with a modest increase, according to data from the US Energy Information Administration.
Chesapeake Energy Corp., Oklahoma City, has agreed to sell some of its acreage and producing properties in the Haynesville shale of northern Louisiana for $450 million.
The US drilling rig count jumped 20 units to 588 during the week ended Nov. 18, according to Baker Hughes Inc. data. It’s the count’s largest increase since April 2014, several months before the beginning of a steep drilling dive the lasted a year and a half.
Castleton Commodities International LLC (CCI), Stamford, Conn., has acquired the Carthage upstream and midstream assets in East Texas from subsidiaries of Anadarko Petroleum Corp. for more than $1 billion.
EIA: DUC well count in major US oil, gas regions up 58 in October
November 14th, 2016 by Latest News
The count of drilled but uncompleted (DUC) wells in the seven major oil- and gas-producing regions of the US grew by 58 in October to 5,155, with increases in the Permian basin more than offsetting declines in the neighboring Eagle Ford shale, the US E…
Units targeting crude oil, drilling horizontally, and focused on the Permian basin continue to drive current and planned US rig-count increases.
The tally of US oil-directed rigs ended 17 straight weeks without a decline during the week ended Oct. 28. But the overall rig count was again bolstered by a recent surge in rigs targeting natural gas, with increases in the Haynesville and Marcellus re…
BHI: Permian helps boost US rig count by 14
October 21st, 2016 by Latest News
Previously stagnant since the beginning of September, the Permian basin’s rig count surged during the week ended Oct. 21, helping boost the overall US rig count by double-digits.