Archive for the ‘Niobrara’ Category

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,…

Oklahoma’s Cana Woodford and the New Mexico Permian served as the primarily catalysts behind the 21st consecutive US rig count increase.

The number of active drilling rigs spread across the US has increased in 20 straight weeks, according to data compiled by Baker Hughes Inc.

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.

The US drilling rebound that extends back almost a year has surpassed another benchmark, rising above 900 in its 18th straight week of gains.

Crude oil production from the seven major US onshore producing
regions is forecast to rise 122,000 b/d month-over-month in June to
average 5.401 million b/d, according to the US Energy Information
Administration’s latest Drilling Productivity Report. All but 15,000 b/d of the increase is expected to come from the Permian and Eagle Ford.

Anadarko Petroleum Corp.,
Houston, has shut more than 3,000 producing vertical wells, or a total
of 13,000 net boe/d of production, in northeast Colorado following a
home explosion and fire in Firestone on Apr. 17. Two men were killed in
the incide…

The US drilling rig count during the week ended Apr. 21 climbed by double-digits for the 10th time in its 14-week streak of increases, Baker Hughes Inc. data indicate.

The seven major onshore producing regions in the US are expected to collectively increase oil output by 124,000 b/d during May to average 5.193 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report.

The tally of active rigs in the US gained 8 units to 847 during a week
ended Apr. 13 shortened a day by the Good Friday holiday, Baker Hughes Inc. data indicated. Much of the lift was again provided by the Permian—but this time on the New Mexico portion of the basin.