Archive for the ‘Woodford Shale’ Category
BHI: US rig count rises for 13th straight week
April 13th, 2017 by Latest News
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.
BHI: Permian leads 15-unit jump in US rig count
April 7th, 2017 by Latest News
The US drilling rig count’s surge continued during the week ended Apr. 7 with another 15-unit increase, according to Baker Hughes Inc. data. Twelve of those units started up in the Permian basin.
White Star Petroleum LLC,
Oklahoma City, has acquired 30,500 net acres in the Midcontinent region
in two separate deals with Double Eagle Energy Oklahoma LLC, a unit of
Fort Worth-based Double Eagle Development LLC, and the equity holders of Oklahom…
The US drilling rig count jumped 21 units to 789 during the week ended Mar. 17, continuing a recent surge in a drilling rally that dates back to May 27, 2016, according to Baker Hughes Inc. data.
The US drilling rig count climbed 12 units to 768 during the week ended Mar. 10, according to Baker Hughes Inc. data.
Linn Energy Inc., the reorganized successor to Linn Energy LLC, and
its affiliated entities have emerged from Chapter 11 restructuring, with
Linn and Berry Petroleum operating as standalone companies. Linn and
Berry merged in 2013.
The US drilling rig count increased a mere 3 units during the week ended Feb. 24 following 5 straight weeks of double digit gains, according to Baker Hughes Inc. data.