What is factory model drilling?

What is factory model drilling?

factory model drilling represents a strategic approach to drilling operations that emphasizes efficiency, standardization, and continuous improvement to maximize productivity ...
Mach Natural Resources to release 2023 financial report

Mach Natural Resources to release 2023 financial report

Mach reported third quarter generated net income of $83 million and adjusted EBITDA of $121 million. It also incurred capital ...
Alberta Oil & Gas Seismic Activity

Alberta Oil & Gas Seismic Activity

According to the AER’s “earthquake dashboard,” fracking caused a swarm of hundreds of earthquakes ranging from magnitudes of about 1 ...
Environmental ruling threatens Wyoming oil and gas drilling leases

Environmental ruling threatens Wyoming oil and gas drilling leases

The Wilderness Society and Friends of the Earth that BLM failed to adequately gauge potential impacts from future drilling on ...
ConocoPhillips and Santos officials give glowing assessment of Alaska North Slope prospects

ConocoPhillips and Santos officials give glowing assessment of Alaska North Slope prospects

Both companies are building major projects, and senior officials told an industry audience that the future is bright for new ...
Canada Rig Count Report March 25, 2024

Canada Rig Count Report March 25, 2024

Canada Rig Count Report March 25, 2024 we are tracking 77 Oil & Gas Operators and 213 drilling rigs that spud wells ...
Summit Midstream Partners, LP Announces Sale of Utica Position for $625 Million

Summit Midstream Partners, LP Announces Sale of Utica Position for $625 Million

Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today the sale of Summit Midstream Utica, LLC, which ...
Apache sold its entire stake in Kinetik Holdings Inc.

Apache sold its entire stake in Kinetik Holdings Inc.

In a significant transaction, Apache Midstream LLC, a wholly owned subsidiary of Apache Corporation (NASDAQ:APA), has sold its entire stake ...
ConocoPhillips says EPA’s methane rule has elements that are “unworkable”

ConocoPhillips says EPA’s methane rule has elements that are “unworkable”

The EPA’s methane rule has elements that are “unworkable,” the head of oil giant ConocoPhillips said Tuesday ...
Murchison Oil and Gas $2 million fine against oil and gas firm over New Mexico operations

Murchison Oil and Gas $2 million fine against oil and gas firm over New Mexico operations

The Energy, Minerals and Natural Resources Department’s Oil Conservation Division announced the notice of violation and proposed administrative civil penalties ...