- Tight Gas & Oil
- Gas Hydrates
Further optimization could lead to better frack designs, stage and well spacing, greater production and ultimately, more profit.
Halliburton is easily on top in the D-J and the Greater Green River basins, but ceded share in the second quarter.
The Oklahoma City company is continuing to chip away at its balance sheet to pay down debt with the sale of 80,000 net acres in North Dakota and Montana.
But it might be time for investors ‘to think about getting back into energy, industrials and healthcare,’ an analyst says.
Former Texas Railroad Commission chairman tells EnerCom conference that the nation can do more to help its struggling energy industry.
Most of the acreage is located in the oil window of Oklahoma’s Canadian and Grady counties and includes significant stacked-pay potential.
The Woodlands, Texas-based company closed its acquisition of Lynden Energy in May, positioning itself in the Midland Basin.
The acquisition is likely the second largest Midland Basin deal so far.
The company will acquire privately held Reliance Energy’s 40,000 net acres, including 10 Mboe/d of production.
The U.S. is forecast to drive growth, producing more than 7 MMbbl/d in 2040, the EIA says.
A new resource assessment gives this unconventional play world-class status.
Chesapeake entered the shale boom in the Barnett on its way to becoming the second-largest natural gas driller in the U.S.