federal Bureau of Land Management, which is overseen by the Department of the Interior, has planned more than 6,800 acres in western North Dakota and eastern Montana for auction in the coming months.
Recent new fracking regulations enforced by Texas regulators to help end earthquakes in the Permian Basin have sent wastewater disposal prices upward for some of the big companies.
More drilling is planned in the STACK with more permits for Canadian, Blaine and Kingfisher Counties, the ones that primarily make up the shale play.
The Texas Geothermal Energy Alliance (TxGEA) includes Halliburton, Repsol, Chevron Corp , Baker Hughes, CenterPoint Energy and GeothermEx, a Schlumberger company.
Alberta is an important oil and gas producing region within Canada
The bipartisan infrastructure bill President Biden signed into law in November of last year includes $4.7 billion to restore and plug orphaned wells.
Oklahoma is in the heart of the U.S. Mid-Continent oil region, Oklahoma’s proved and has about 5% of the nation’s proved crude oil reserves.
New Mexico had 1450 wells drilled in 2021 with a peak of 93 rigs in December resulting in New Mexico becoming the 2nd largest oil producer in the country.
Eagle Ford in Texas a total of 861 wells drilled in 2021. The Eagle Ford is the most mature tight oil play in the Lower 48 current, oil and natural gas production of 2.5 million barrels of oil equivalent per day.
In 2021 we had 750 Oil & Gas Operators drill 8800 wells in Texas, Oklahoma. New Mexico and Louisiana in 2021.
