Archive for the ‘Niobrara’ Category
EIA: Major US onshore regions’ oil output to rise 117,000 b/d in September
August 14th, 2017 by Latest News
Crude oil production from the seven major US onshore producing regions is forecast to increase 117,000 b/d month-over-month in September to 6.149 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report.
Major US operators entered 2017 with increased capital budgets and plans to ramp up drilling in the Lower 48’s most promising regions, namely the Permian basin and Sooner Trend Anadarko basin Canadian and Kingfisher counties (STACK) play.
The overall US rig count has recorded its largest decline since
before the drilling rebound commenced in late May-early June of 2016.
Anadarko restarts 30 Colorado wells, evaluates test results of others
July 26th, 2017 by Latest News
Anadarko Petroleum Corp. has restarted production at 30 of the more
than 3,000 vertical wells in northeastern Colorado it took out of
production for inspections in April after a 1-in. distribution line 200
ft from one of those wells exploded, destro…
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…
BHI: US rig count posts first decline in 24 weeks
June 30th, 2017 by Latest News
After rising in 23 consecutive weeks, the overall US drilling rig count has finally given up a unit.
The overall US rig count’s streak of consecutive weekly increases
reached 23 during the week ended June 26, reflecting a continued surge
in oil-directed rigs and more drilling in Oklahoma and North Dakota.