Vitol Inc.’s US upstream company, VTX Energy Partners LLC, has agreed to acquire PRI Delaware Basin Resources, Midland, Tex.
Vitol’s VTX to acquire PRI Delaware Basin Assets
US fines Texas oil company Callon Permian over emissions
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 3-well pad in Carter County, OK 1,700 barrels of oil a day
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.
11050 wells drilled in North America in 2023
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 has acquired Ulterra Drilling Technologies LP in a nearly $780 million deal.
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.
Four Canvas Energy wells produce more than 1,500 barrels of oil a day
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
Feds reject proposal to phase out oil and gas drilling in New Mexico, US
Federal officials rejected a petition from New Mexico environmental groups to phase out oil and gas drilling on federal land,
Chevron Seeking Buyer for Permian Basin Assets
Chevron is considering the sale of its oil and gas properties in Texas and New Mexico, which are estimated to be worth about $100 million.
Eagle Ford 1.1 million b/d production in April
Tight oil production in the Eagle Ford came in at about 1.1 million b/d in April 2023
Nebraska solar farm destroyed by baseball-sized hail
Hail destroys solar farm