Department of Mineral Resources report shows production in North Dakota fell approximately 58.5 MBOEPD in August The slow rise in oil and gas prices has not been able to stop the continued decline of production in North Dakota, according to the Department of Mineral Resources. The department released its Director’s Cut for October, which covers production data from August, which
BetaZi Basin Studies offer “one million petroleum engineers forecasting on each and every well” Last week, BetaZi announced that it will be offering studies on individual oil and gas basins in the U.S.. For every well in the covered basins, BetaZi includes the company’s oil and gas production forecasts, associated type curves, pScores, first-pass economics and Tobin well data. BetaZi
The Permian Basin is a hot topic in the oil and gas business these days. But the Permian needs infrastructure and the exploration of the basin is really just beginning, according to Bill Davis, principal and founding partner of Vaquero Midstream. Davis was interviewed by Oil & Gas 360®’s Angie Austin at EnerCom’s The Oil & Gas Conference 21. In
The Whiting rock lab allows the company to differentiate between different strategies in different basins, and sand volumes can be highly influential in drilling and ultimate recovery, Whiting Petroleum Senior VP of Exploration and Development Mark Williams told Angie Austin at EnerCom’s The Oil & Gas Conference 21. “Whiting has had its rock lab here in our offices in Denver
Bakken: The Advance of Technology is What this Is Really All About Day four at the 2016 EnerCom conference featured Mark Williams, Whiting Petroleum’s SVP exploration and development, giving a historic perspective of the Bakken that showed how Whiting’s collective knowledge base has grown and developed from the beginning of the Bakken exploration phase to Whiting’s development of the play.
Permian, Marcellus Lead U.S., while Eagle Ford Dives Hard As cost structures are held in check and oil price fluctuations are seemingly without end, producers are evaluating acreage positions and determining what are the best assets. As covered by Oil & Gas 360®, the Permian basin has been the hot bed of activity recently. With IRRs and breakeven costs in
Enerplus presents at EnerCom’s The Oil & Gas Conference® During Enerplus’ breakout session, management was asked the following questions: You said that you currently have 20 years of inventory to drill. What would your drilling plan be at $70 oil? What are you thoughts on the dividend? Why did you keep the dividend at such a high level and then
Whiting Petroleum presents at EnerCom’s The Oil & Gas Conference® During Whiting’s breakout sessions, management was asked the following questions: For a well with high cumulative production in the first 90 days what is the average sand loading? Change in sand loading? How long does it take for changing sand loads to make their way into financial results? How much
Earthstone Energy (ticker: ESTE) will be presenting at the EnerCom conference Wednesday August 17, 2016. Earthstone Energy is an independent oil and gas exploration company headquartered in The Woodlands, Texas. The company’s primary assets are located in the Eagle Ford trend of south Texas, the Midland Basin of west Texas, and in the Williston Basin of North Dakota and Montana.
Enerplus Corporation will be presenting at EnerCom’s The Oil & Gas Conference® in Denver, on Monday, August 15, 2016. Enerplus Corporation (ticker: ERF) is a developer of high quality crude oil and natural gas assets in Canada and the United States, focused on providing growth and income to its shareholders. The company’s core growth assets are located in the Bakken/North
Samson Oil & Gas will present at EnerCom’s The Oil & Gas Conference® 21 on Aug. 15, 2016. Samson Oil and Gas Limited (ticker: SSN) is an Australian oil & gas company with its principal and registered office located in Perth, Western Australia. The company is listed on the NYSE and has an office in Denver, Colorado. Company operations are
Norway’s Statoil (ticker: STO) reported its second quarter results today, and executives said on the conference call that the company has no new drilling plans for its Bakken, Eagle Ford or Marcellus properties, citing volatile oil prices and weak NGL pricing in North America. Statoil Onshore U.S. Operations In 2008, Statoil acquired a 32.5% interest in the Marcellus shale gas acreage
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