- Tight Gas & Oil
- Gas Hydrates
Even though operators have increase horizontal rigs in the Denver-Julesburg Basin, there are mixed messages whether activity is actually rising in the Greater Rockies' market.
Larry Prado, Hart Energy's activity editor, summarizes some of the recent activity in the Utica Shale by companies including Eclipse, Consol Energy and Range Resources.
Viper entered separate agreements to acquire mineral rights across Midland and Delaware acreage primarily operated by Pioneer and a private company.
After its $560 million deal with Diamondback, Luxe will move on to a different basin to build another position after it was boxed in by the Delaware's success.
Midcontinent service providers anticipate an increase in well stimulation pricing from the current average of $38,000 per stage, largely reflecting activity in the Scoop and Stack plays.
Papa, the former EOG chairman and CEO, said the assets offer the best percentage growth potential of any small-cap Permian Basin company.
Harold Hamm, who endorsed Trump in April and spoke at the Republic National Convention on July 20, shrugged at the notion.
Contango’s acquisition includes about 157 gross potential locations across the Wolfcamp A and B and Bone Spring formations, which the company plans to start drilling by October.
Investors are concerned that producers will be unable to keep savings they say are tied to efficiency improvements as service companies begin to assert themselves after two years of discounts.
Devon is conducting a series of well-spacing pilot tests in preparation for its 2017 game plan to drill the Meramec.
The company has inked two deals in 2016 and says it has more opportunities it is exploring as it expands during the downturn.
Even though well completions in the Anadarko Basin fell during the first half of the year, Midcon operators have still remained active in the Stack, Scoop and Cleveland Sand plays.