6,500 BOPD from Aneth Field Resolute Energy (ticker: REN) announced is shift to a pure-play Delaware Basin company today, selling its Aneth Field assets to Elk Petroleum (ticker: ELK). The Aneth Field is a large EOR project located in Utah, using CO2 to produce from a conventional reservoir. According to Resolute, the field has 1.5 billion BOE originally in place,
Eight land rigs shut down Drilling activity fell this week in the largest drop in over a year, according to the latest edition of Baker Hughes’ Weekly Rig Count. The total number of rigs active in the U.S. dropped by eight this week, as sub-$50 oil prices stalled the current recovery. Rig activity in the U.S. has not decreased by
Extraction’s 8 North LLC and Crestone Peak Resources have submitted drilling plans to the state to start developing Boulder County Wattenberg assets; commissioners “are very concerned” In a county that is host to a symposium this weekend called “Warrior Principle, Climate Action,” it is not a total surprise that the Boulder County Commissioners sent out a county-wide email this week
13,981 producing wells is another new all-time high The North Dakota Industrial Commission released its oil and gas production report, covering oil and gas activity for June and July of 2017. The production of oil and gas has increased from June to July. In only one month oil production increased by 14,653 BOPD and gas production increased by 24,917 mcf/day.
Resolution approved by Delaware, New York and Pennsylvania governors authorizes rulemaking that will consider possible prohibitions on horizontal drilling and fracturing in Delaware River basin On September 13, 2017 the Delaware River Basin Commission (DRBC) announced a vote in favor of a resolution to issue draft regulations on production of natural gas from the Delaware River Basin. The resolution was
On September 12, 2017, the Monroeville City Council unanimously passed an ordinance regulating seismic testing. The seismic ordinance establishes regulations for companies that are interested in doing seismic tests as part of field development procedures. Key highlights from the ordinance include: Companies must obtain a one year permit and provide details about the company’s proposed testing area, traffic control plans,
Torc Oil & Gas Ltd. Confirms Monthly Dividend for September 2017
From Bloomberg Cnooc Ltd. is searching for partners to develop oil prospects deep into the Gulf of Mexico as the Chinese giant extends its global reach. After bidding alone for exploration rights in Mexico’s first-ever deep-water auction in 2016, Cnooc is seeking deals known as farmouts, a common type of joint venture where a stake in an oil prospect is
Global Release Agents Market Trends and Forecasts: Technavio
Crude Oil and Natural Gas Outlook and Forecast Report 2017 – Research and Markets
SECURE Energy Services Announces October 2017 Dividend
From WindPower The new government in Germany will have to substantially raise onshore and offshore wind energy caps after the federal elections on 24 September 2017, industry leaders have said at the Husum Wind 2017 event. The leading political figures in the conservative CDU/CSU party, which looks likely to stay in power if current opinion polls results are accurate, have
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