- Tight Gas & Oil
- Gas Hydrates
Further optimization could lead to better frack designs, stage and well spacing, greater production and ultimately, more profit.
The Woodlands, Texas-based company closed its acquisition of Lynden Energy in May, positioning itself in the Midland Basin.
The company is counting on growing “premium inventory”—wells that generate rates of return of at least 30% at $40/bbl oil— to increase resource potential.
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