Thursday, February 6, 2025

Texas Scientific Group Examines Shale Development Effects

Elite science group looked at 6 impacts The Academy of Medicine, Engineering and Science of Texas (TAMEST) released a report on the effects of shale development in Texas yesterday. The report, Environmental and Community Impacts of Shale Development in Texas, examines six key impact areas: seismicity, land, air, water, transportation and economic and social impacts. Texas has dominated U.S. oil

Horizontal drilling operations Encana - Oil & Gas 360

How Encana Attacks the Permian: “Developing the Cube”

Large-scale development delivers improved yields in the Permian Encana (ticker: ECA) released an update to its Permian operations today, outlining the company’s current practices in the world’s most popular shale play. Instead of drilling a few wells in a given section then returning later to infill drill, Encana is “developing the cube.” This is how the company refers to drilling

Lilis Energy: Seeking Opportunity in Pure Play Delaware

Lilis Energy (ticker: LLEX) is exclusively involved in exploration and development in the Permian basin. As of June, 2017, the company currently holds over 10,000 net acres in the Delaware basin and estimates that its acreage holds over 500 potential horizontal net drilling locations. Lilis merged with Brushy Resources in 2016, which—at the time—expanded the company’s acreage by 185%. The

Denbury: CO2 + Wyoming, Mississippi Acquisitions

Denbury Resources Inc’s (ticker: DNR) producing acreage is spread across seven states in both the Rocky Mountain and Gulf Coast regions, with an estimated 254.5 MMBOE of proved reserves, as of December 31st, 2016. Denbury’s primary operational trait is its utilization of CO2 enhanced oil recovery (EOR) methods to increase recovered oil to approximately 50%. The company sources much of

Enerplus Resources Corporation: Diversity between Williston, Marcellus, Canada

Enerplus Resources Corporation (ticker: ERF) has three main operation centers in the Williston basin, the Marcellus shale, and Canadian waterflood operations. Enerplus’ Williston basin is responsible for the lion’s share of the company’s production, with 25,100 BOEPD leaving the basin. Following behind the Williston are the Canadian waterflood operations, which account for an average of 13,600 BOEPD, and behind that

Black Stone Minerals: Creating Success by Gathering Up the Right Properties

Black Stone Minerals (ticker: BSM) holds approximately 18 million mineral and royalty acres across 60 producing basins and 40 states, all for the purpose of leasing attractive acreage positions to E&P companies. Black Stone Minerals maintains an attractive business model in that it lacks operating expenses and drilling capital costs. The company expects that its positions in the Haynesville/Bossier play