Chevron has announced that it achieved record production levels in the shale-rich Permian Basin region during the second quarter.
Chevron Reports Record Production in the Permian Basin Region


Chevron has announced that it achieved record production levels in the shale-rich Permian Basin region during the second quarter.

Devon Energy had four wells on a single pad in Blaine County with production of more than 1,500 barrels of oil a day and nearly 29,000 Mcf of natural gas.

Colorado Air Quality Control Commission unanimously adopted a new rule requiring direct measurement of methane emissions and demonstrating with real-world data that oil and gas operators are meeting emission reduction standards.

Vitol Inc.’s US upstream company, VTX Energy Partners LLC, has agreed to acquire PRI Delaware Basin Resources, Midland, Tex.

The U.S. Environmental Protection Agency (EPA) on Thursday said Callon Permian LLC was fined $1.3 million for excess emissions from tanks, flares and other equipment at company’s oil and gas facilities in the West Texas Permian Basin.

Continental Resources recently concluded a 3-well project on a single pad in Carter County with combined production of nearly 1,700 barrels of oil a day.

We have tracking 812 Operators that have drilled 11050 wells in North America in YTD 2023. The top State/Province for wells drilled is Texas with 4824 wells drilled that is more than double that of Alberts 2100 wells drilled. The top 5 counties include; Martin (TX), Lea (NM), Eddy (NM), Midland (TX) and Reeves (TX).

Patterson-UTI Energy Inc., a Texas company with drilling rigs located throughout Oklahoma, announced it has acquired Fort Worth-based Ulterra Drilling Technologies LP in a nearly $780 million deal. It is a move that will give Patterson a more global reach.

Canvas Energy LLC, formerly known as Chaparral Energy, drilled the wells last fall and reported completion of all four Bowser wells, located 4 miles east of the city of Kingfisher

Federal officials rejected a petition from New Mexico environmental groups to phase out oil and gas drilling on federal land,
