North Dakota number of active drilling rigs also remained low, with a total of 40 in November and 44 in December.
North Dakota sees declines in oil and gas production
CHESAPEAKE ENERGY SALE OF EAGLE FORD PACKAGE FOR $1.425 BILLION
Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it has entered into an agreement to sell the Brazos Valley region of its Eagle Ford asset to WildFire Energy I LLC for $1.425 billion.
Howard County
Howard County, TX ranks #6 in the state for BOE produced in Texas and ranks #5 in the Mid Continent (TX, OK,NM,LA) for wells drilled in 2022 with 614 wells drilled.
Cenovus Energy moving ahead with White Rose Extension Project
In May 2022, Cenovus Energy and its partners agreed to restart the West White Rose Project after a pause of more than two years, extending the production to the White Rose field located about 350 kilometers east of St. John’s.
Texas Pipelines key to cutting methane emissions
Texas’ 417,513 miles of intrastate oil and gas pipelines are crucial are to solving the state’s problem with methane emissions and flaring and the presidents of the Texas Pipeline
Low-carbon investments to rise by $60 billion in 2023
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and carbon capture, utilization and storage (CCUS) infrastructure
Air Products and AES Mega-scale Green Hydrogen Production Facility in Texas
Air Products (NYSE: APD) and The AES Corporation (NYSE: AES) announced plans to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas.
US Oilfield Services Jobs Top 650,000
Employment in the U.S. oilfield services and equipment sector rose by an estimated 4,677 jobs to 650,587 in December
Grande Prairie Oil & Gas 2022 Results
Grande Prairie region is home to some of Canada’s top oil and gas companies 51 Operators drilled 721 wells in 2022
Louisiana 2022 Drilling Summary
In the state of Louisiana Oil & Gas Operators drilled 566 wells in 2022 with the majority of drilling happening in the Haynesville play.