U.S. shale producers are cramming more wells into the juiciest spots of their oilfields in a move that may help keep the drilling boom going as prices plunge.
Permian expected to hit 4 MMBOPD in March By Richard Rostad, analyst, Oil & Gas 360 EnerCom has released its latest Effective Rig Count, linking the state of drilling activity and the reported production from the major shale basins. Oil and gas companies have significantly improved efficiencies during and after the downturn, and each rig in the major shale basins is[Read More…]
