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Category: Oil & Gas News

Grande Prairie Alberta Oil and Gas

December 24, 2021 Author: phinds Category: Oil & Gas News

Grande Prairie region is home to some of Canada’s top oil and gas companies. Get list of wells drilled in the area in 2021

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Ovintiv big winner in Oklahoma

December 23, 2021 Author: phinds Category: Oil & Gas News

Ovintiv has ~360,000 net acres held by production, primarily in the black oil window of SCOOP and STACK.

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Mid Continent Top 10 Counties by Wells Drilled 2021

December 21, 2021 Author: phinds Category: Oil & Gas News

The top 10 Counties by wells drilled in the Mid Continent in 2021 are in the Permian. Download full report.

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EOG Resources list of target wells drilled with 60% rate of economic return in 2021

December 20, 2021 Author: phinds Category: Oil & Gas News

EOG Resources Inc. unveiled an upgraded strategy for its drilling inventory on Feb. 26, saying it plans to chase wells that deliver at least a 60% economic rate of return — double the threshold for wells in the past.

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Suncor Energy announces 2022 budget and production outlook

December 20, 2021 Author: phinds Category: Oil & Gas News

Suncor capital program $3.2 – $3.4 billion which addresses planned maintenance, tailings optimizations growth initiatives, Base Plant Cogeneration, Forty Mile power project, Terra Nova Asset Life Extension and In Situ well pads.

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Cenovus announces sale of Tucker asset for $800 million

December 17, 2021 Author: phinds Category: Oil & Gas News

Cenovus Energy sells Tucker Lake for $800M

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US gas flaring hit a record low

December 15, 2021 Author: phinds Category: Carbon

Onshore gas flaring in the US nosedived in the third quarter of 2021, falling to its lowest level since at least 2012

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Permian oil producers merge in about $4 billion deal

December 15, 2021 Author: phinds Category: Oil & Gas News

Energy-focused investment firm has merged Advance Energy Partners and Ameredev II LLC, which both operate in the Delaware portion of the Permian

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ConocoPhillips announces preliminary 2022 budget

December 13, 2021 Author: phinds Category: Oil & Gas News

ConocoPhillips on Monday announced several updates that highlight the company’s differentiated value proposition including more than $7 billion in 2022 capital expenditures.

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BCE-Mach LLC makes another STACK acquisition

December 13, 2021 Author: phinds Category: Oil & Gas News

BCE-Mach is acquiring additional working interest across 61 wells it operates in Kingfisher County, Oklahoma.

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