Tracking active drilling rigs in Texas, Oklahoma, New Mexico and Louisiana in 2023 we have seen the rig count drop from 608 rigs to 482 rigs a loss of 126 rigs.
Mid Con (TX, OK, LA, NM) 2023 Rig Count Summary
ExxonMobil, Pioneer Merger Could Finally Become Reality
In a story that should surprise no one, the Wall Street Journal and others are reporting that the long-anticipated deal between U.S. energy giant ExxonMobilXOM -1.7% and Permian Basin titan Pioneer Natural ResourcesPXD +10.5% could finally be upon us.
23 New Shale Well Permits Issued for PA-OH-WV Sep 25 – Oct 1
New shale permits issued for Sep 25 – Oct 1 in the Marcellus/Utica were up a few ticks from the previous week. There were 23 new permits issued last week, up from 21 permits issued two weeks ago.
Two Devon Energy wells produced 1,100 barrels of oil a day near Okarche, OK
Devon Energy recently filed completion reports on two wells drilled on a single pad in Canadian County with production of more than 1,100 barrels of oil a day.
Callon Petroleum Releases Annual Sustainability Report
Callon Petroleum Company (NYSE: CPE) today announces the publication of its 2022 Sustainability Report, highlighting the Company’s progress and initiatives on environmental commitments, social responsibility, and sustainable governance practices.
Ovintiv finds major producing wells near El Reno, OK
Jorge 1407 2H-31X was the largest producer at 1,951 barrels of oil a day and 2,497 Mcf of natural gas from a depth of 20,078 feet and a true vertical depth of 8,814 feet
Shell introduces renewable diesel at Los Angeles stations
Shell Plc has recently launched Shell Renewable Diesel at 75 of its stations in Los Angeles
U.S. oil production approaches record as Permian output reaches “all-time” high
U.S. crude oil production reached the second-highest level on record in July as output from Texas’s Permian basin soared to an all-time high. Data Download Center Oil & Gas Operators in the US Detailed list of active oil & gas operators in the US US Rig Report Detailed list of…
Closed-loop Gas Capture Systems, or CLGC Waste Reduction in NM
A trio of major oil and gas producers are testing a new-to-New Mexico process to keep natural gas in the ground when it can’t be transported, sold or otherwise shipped through a pipeline. Instead of flaring or venting natural gas or completely shutting down wells when a midstream pipeline operator…
Marcellus Shale Created 123K Jobs, Added $41B to PA Economy in 2022
Natural gas development is fundamental to the health and strength of Pennsylvania’s economy, supporting well over 100,000 family-sustaining careers, boosting state tax revenues, and generating billions in economic benefits, according to a new economic impact analysis (full copy below) commissioned by the Marcellus Shale Coalition (MSC). Data Download Center Utica…