Daniel J. Graeber CALGARY, Alberta, Sept. 29 (UPI) — Canadian energy company Encana Corp. said Monday it acquired Texas rival Athlon Energy to become one of the largest oil players in the Permian shale basin.
Effective Rig Count up on reported rig counts EnerCom has released its latest Effective Rig Count, examining the state of drilling activity and the reported production from the major shale basins. The Effective Rig Count rose in October, reversing the past month’s decline. The Effective Rig Count is currently 2,780, up 14 from last month. This increase was entirely due[Read More…]
