Oklahoma STACK and SCOOP plays yielded some big producers in recent months for Marathon Oil and Devon Energy.
Devon and Marathon big winners in the STACK and SCOOP
Pembina Pipeline Corporation and KKR Create Joint Venture to Merge Western Canadian Processing Assets
Pembina Pipeline announced that it has entered into definitive agreements with KKR to combine their respective western Canadian natural gas processing assets
Pioneer Resources to spend $3.3 billion in 2022 on 500 permian wells
Pioneer Resources plans a 2022 capital budget of $3.3 billion to $3.6 billion (after $3.4 billion in 2021, including placing 534 horizontal wells on production).
BAYTEX ANNOUNCES FOURTH QUARTER AND YEAR-END 2021 RESULTS
Baytex 2022 guidance Exploration and development expenditures $400 – $450 million and Production (boe/d) 80,000 – 83,000.
OBSIDIAN ENERGY 2022 DEVELOPMENT PROGRAM
Obsidian strong start to our first half 2022 development program with activity in Willesden Green, Pembina, and Peace River areas remaining on schedule. An update on our activities from our 2022 guidance release is as follow.
Energy Transfer Ruduces Emissions with Dual Drive Technologies
Dual Drive Technologies (Dual Drive), an independent company within the Energy Transfer family, offers an efficient hybrid natural gas compression system that reduces emissions through its patented ability to seamlessly transfer compression drivers between an electric motor and a natural gas engine, and vice-versa.
Western Canada Gas Plant Turnaround
Free list of gas plants located in Western Canada.
Devon Energy Holds the Line on Output Plan
Devon Energy keep production in the range of 570,000 to 600,000 barrels of oil. Get 2021 drilling permit report.
Canadian Natural Resources expects higher spending, production in 2022
Canadian Natural, the country’s biggest oil and natural gas producer, expects to spend $4.35 billion in 2022, higher than its 2021 estimate of $3.48 billion.
Oklahoma’s oil and natural gas industry is by far the largest taxpayer in the state.
Energy created $19 billion in state gross domestic product (GDP) and $16.5 billion in household earnings on Oklahoma.