From Reuters
U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels per day (bpd) in September, to a record 8.77 million bpd, the U.S. Energy Information Administration forecast in its monthly drilling productivity report …
Houston oilfield service company Halliburton has landed nine contracts to drill and complete a series of wells off the coast in West Africa.
Australian exploration and production company Woodside Energy awarded the contracts to Halliburton as …
Stage Completions USA is demonstrating how to maximize completions for operators in the Permian Basin.
Stage said that it achieved a record-setting 142-stage completion with its 5.5” Bowhead II Sliding Sleeve …
Rosehill Resources Inc. (ticker: ROSE) reported a net loss attributable to Rosehill of $1.3 million, or $(0.22) per share. Rosehill said this loss included an $18.2 million non-cash, pre-tax loss on commodity …
Rosehill Resources Inc. (ticker: ROSE) expects to drill 16 to 22 new wells in the White Wolf area in 2018 and expects to complete 12 to 16 of those wells. While most of these wells will have lateral lengths of …
Cabot Oil & Gas Corporation (ticker: COG) produced 685.3 Bcfe in 2017. The production mix consisted of 655.6 Bcf of natural gas, 4,440.9 Mbbls of crude oil and condensate and 512.1 Mbbls of NGLs.
Cabot incurred a total of $757.2 …
Antero Resources (ticker: AR) spent $1.282 billion on drilling and completions in 2017. The company invested $204 million for …
Diamondback Energy, Inc. (ticker: FANG) pulled in a net income of $115 million in the fourth quarter of 2017, or $1.16 per diluted share. Diamondback spent $246 million on drilling, completions, non-operated properties and $61 million on infrastructure in the …
Halliburton Company (ticker: HAL) announced a loss from continuing operations of $805 million, or ($0.92) per diluted share, for the fourth quarter of 2017. Adjusted income from continuing operations for the fourth quarter of 2017, excluding charges related to United …
On October 23, 2017 PetroQuest Energy, Inc. (ticker: PQ) announced the results from its horizontal Cotton Valley drilling program in East Texas. PQ reported that three of their Cotton Valley Wells combined are producing approximately …
When one thinks of a seismic company in oil and gas, you might envision macro-seismic, the seismic operations that encompass entire geologic formations to create 3D profiles of an entire reservoir.
MicroSeismic Inc., however, is on the other end …
A report by Seaport Global indicated that, since monthly numbers for drilled and completed wells bottomed out in mid-2016, the number of wells drilled and completed has made a significant comeback but have not come close to pre-crash levels in …
According to a report from the American Petroleum Institute this week, estimated total wells drilled and completed in the second quarter of 2017 increased 62 percent compared to the second quarter of 2016.
This includes a 41 percent increase in …
Whiting Petroleum Corporation (ticker: WLL) is one of the largest oil producers in one of America’s leading oil producing regions—the Bakken-Three Forks play in the Williston basin. Whiting is among several large producers in the Bakken, including Continental Resources, Hess, …
Northern Oil and Gas, Inc. (ticker: NOG) reported a cumulative production of 1,196,924 BOE, at an average rate of 13,299 BOEPD during Q1, 2017 out of its Williston acreage, where it holds approximately 155,000 net acres.
Through the remainder of …
Recent completion successes and an enhanced borrowing base of $200 million sets the stage for Penn Virginia Corporation’s (ticker: PVAC) path to growth.
Penn Virginia announced in on June 28th, 2017 the success of …
Stage Completions is a private oilfield service company specializing in the development and utilization of completions technologies to enhance production for its clients. Stage has striven to remain attuned to the often rapid changes and adaptations to completions techniques in …
When you can’t see something because it’s trapped in rocks a couple of miles beneath the earth’s surface, but you want to precisely measure it and also figure out how it will move in relation to other naturally occurring fluids …
Instead of drilling a well, taking traditional core samples from the formation, shipping them to a lab for analysis, and waiting while results lag the drilling process by days or weeks, …
EnerCom Inc. is seeking geoscientists, petroleum engineers, drilling and completions engineers, technology developers and others who would like to submit a technical whitepaper …
EnerCom Inc. is seeking geoscientists, petroleum engineers, drilling and completions engineers and others who would like to submit a technical whitepaper that highlights new technologies designed to increase success in the drilling and extraction of oil and natural gas. EnerCom …
The North Dakota Department of Mineral Resources (DMR) reported production in the state was up 3.9 million barrels in the month of March. The DMR released its preliminary March numbers last …
