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 of the spectrum—evaluating stimulated rock on a well-to-well basis. The core of its business is to analyze the quality and characteristics
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 the top four oily plays—the Permian, Eagle Ford, Bakken and Niobrara. Even though completions have not yet caught up to
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 estimated development gas well completions and a dramatic 81 percent increase in total estimated oil well completions from year-ago levels,
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, XTO, Statoil and EOG Resources. Whiting controls 443,310 net acres in the oil productive sweet spots of the Williston basin, encompassing
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 2017, the company believes it will add 12 net wells to its production on a capital budget of $102.2 million.
Recent completion successes and an enhanced borrowing base of $200 million sets the stage for Penn Virginia Corporation’s (ticker: PVAC) path to growth. Completions and other operations Penn Virginia announced in on June 28th, 2017 the success of two wells producing from its Zebra pad out of the Eagle Ford formation in Gonzalez County, Texas. The two recently completed wells
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 the oil and gas industry. In order to realize superior capital efficiencies and higher overall productivity and EURs, E&Ps are
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 within the formation, and you need to get the largest possible volume to flow to the surface, and by the way your entire
Is sand the new oil & gas battleground? Winona County Courthouse – Minnesota – has banned mining sand for oil and gas development. Is sand the next battleground for energy development? The early salvos are taking place in Minnesota’s Winona County. In late 2016, Winona County commissioners voted to ban what the Minneapolis Star Tribune phrased in its report “the
Upstream Technology Designed by Fracture ID to Boost EURs 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, there is a new technology for drillers that delivers reservoir intelligence to help them pinpoint optimal frac stage locations quickly.
Highlighting Technologies for Finding Resources, Improving Drilling and Extraction, Storage and Transportation of Oil & Natural Gas EnerCom Inc. is seeking geoscientists, petroleum engineers, drilling and completions engineers, technology developers and others who would like to submit a technical whitepaper that highlights new technologies designed to increase success in the finding, drilling and extraction, storage and transportation of oil and natural gas. Examples
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 will select submissions to post on Oil & Gas 360®. Please send your technical whitepaper, along with your resume, to Bevo
