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Category: Oil & Gas News

Disposal Well Monitoring and Reporting Requirements in the Permian Basin

February 6, 2023 Author: phinds Category: Oil & Gas News

The Railroad Commission of Texas (RRC) will begin adding additional requirements to new disposal
well permits in the Permian Basin to assist the agency and industry in monitoring and responding to
injection and reservoir conditions that may be conducive to induced seismicity.

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Magellan says Permian crude flows to Houston will rise

February 6, 2023 Author: phinds Category: Oil & Gas News

Volumes on Magellan’s wholly-owned pipelines will increase about 20% this year, the company said, primarily on the back of higher shipments moving on its Houston distribution system.

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Whistler Pipeline Expansion

February 6, 2023 Author: phinds Category: Oil & Gas News

January 2023 the Texas RRC approved a construction permit (22-NC-172) for the pipeline addition of 23.67 miles to the existing Whistler Pipeline.

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Obsidian Energy Announces 2023 Guidance

January 31, 2023 Author: phinds Category: Oil & Gas News

Obsidian Energy expects to grow average production to approximately 32,000 to 33,500 boe/d in 2023. Obsidian Energy ranks #27 in wells drilled in 2022 with 48 wells drilled in Western Canada.

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Top Drilling Contractors 2022

January 28, 2023 Author: phinds Category: Oil & Gas News

In 2022 we says 86 different drilling contractors use 752 drilling rigs drill a total of total of 10,500 wells in the Texas, Louisiana New Mexico and Oklahoma.

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Marathon Oil hits big producer in south central Oklahoma

January 27, 2023 Author: phinds Category: Oil & Gas News

A Marathon Oil Company well located 5 miles south of the city of Lindsay in Garvin County produced more than 1,700 barrels of oil a day when completed last spring. Marathon filed the completion report this week on the Hard Knox 0304 1-3-34sxh located at 9 3N 4W. Production totaled…

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ExxonMobil and Scepter, Inc. to deploy satellite technology for real-time methane emissions detection

January 25, 2023 Author: phinds Category: Oil & Gas News

ExxonMobil and Scepter, Inc. have agreed to work together to deploy advanced satellite technology and proprietary data processing platforms to detect methane emissions at a global scale.

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Hemisphere Energy 2023 capital program of $14 million

January 25, 2023 Author: phinds Category: Oil & Gas News

Hemisphere’s Board of Directors has approved a 2023 capital expenditure2 program of $14 million

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HighPeak Energy says it will explore sale

January 24, 2023 Author: phinds Category: Oil & Gas News

HighPeak Energy Inc (HPK.O), an oil-focused exploration and production company operating in the heart of the Permian basin, said on Monday it would explore strategic options including possible sale of the company. HighPeak Energy, Inc. primary operations are located in Howard County TX in the Permian basin.

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Blueberry River First Nation, BC province reach a $300 million agreement

January 20, 2023 Author: phinds Category: Oil & Gas News

After over a year of private negotiations, Blueberry River First Nation (BRFN) and the B.C. government have reached an agreement worth nearly $300 million regarding the band’s treaty rights.

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