Ellipsis U.S. Onshore, formed in June 2023, is considered a newcomer to the Delaware Basin which makes up the western part of the Permian. It acquired 3,000 non-operated acres in the Delaware with production of about 3,000 barrels of oil equivalent a day. The production was expected to grow to 7,000 by year’s end.
Oil production fell between 600,000 and 650,000 barrels a day as of Tuesday due to cold weather, reported the North Dakota Pipeline Authority.
Tank fatigue failure refers to the process in which a storage tank or a similar structure experiences failure due to the repeated application of cyclic stresses over time. Tank fatigue failure can lead the requirement to shut down a tank battery.
Rig count in the Mid Con last 30 days, report date Jan 15th 2024. We are tracking 150 Oil & Gas Operator and 478 drilling rigs that drilled wells in 93 counties located in the Mid-continent.
Baytex USA Development ranks #54 in wells drilled in 2023 with 55 wells drilled in the US. Dowmload Baytex drilling report.
The energy company is introducing the Dunne Express which is a 42-mile conveyor belt that will help move sand across the Permian Basin.
Sub-freezing temperatures forecast for West Texas in mid-January are threatening production freeze-offs in the Permian Basin
Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced that they have entered into an agreement to merge in an all-stock transaction valued at $7.4 billion
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Shell Plc. signed a long-term deal to buy liquefied natural gas from a Canadian floating export facility to serve energy markets in Asia.
