Nighthawk Energy (ticker: HAWK, NHEGY) announced today that its Arikaree Creek water flood pilot project is expected to be pushed back until mid-November 2016, from Oct. 2016. On 28 October 2016, the company performed a mechanical integrity test on the injection wells and was notified that it did not pass state specifications. Therefore, the company will carry out remediation work on
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 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
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
Anadarko presents at EnerCom’s The Oil & Gas Conference® During Anadarko’s breakout session, management was asked the following questions: As you roll into next year, how are you thinking about CAPEX and cash flow given the probable lack of divestiture properties? If we did get back to $60 oil, where would the focus and incremental drilling be located? Could you
PDC Energy presents at EnerCom’s The Oil & Gas Conference® During PDC’s breakout session, management was asked the following questions: What has driven your LOEs to the lowest in class? Is there a Delta P issue with plunger-lift wells? Has there been any update on Initiatives 75 and 78 in Colorado? Would the defeat of these initiatives kill the issue?
Synergy Resources Corporation presents at EnerCom’s The Oil & Gas Conference® During Synergy Resources’ breakout sessions, management was asked the following questions: How do feel about the current price of oil? How sturdy is CAPEX, what will you change if the price goes down? Would it be correct that there will be some elasticity to the capital plan that you
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
WPX Energy (ticker: WPX) will be presenting at EnerCom’s The Oil & Gas Conference® 21 in Denver on Tuesday, August 16, 2016. WPX Energy is an upstream oil and gas operator with assets in the Williston, San Juan, and Permian Basins. In the earnings call for the first quarter of 2016, the company announced its goal to start leaning into
Bill Barrett Corporation (ticker: BBG) is a Denver based exploration and production company that operates primarily in the Uinta Basin in Utah and the Denver-Julesburg basin in Colorado. Bill Barrett currently operates 182,500 acres in the two basins after streamlining their acreage over the past year. In 2014, the company executed an acreage exchange and sale that added 7,856 net
Gas Plant Sales on the Horizon? Whiting Petroleum (ticker: WLL), a Denver-based exploration and production company with operations focused on the Bakken Shale and Denver Julesburg Basin, has closed on the sale of its DJ water business for $75 million. The buyer, Tallgrass Energy Partners LP (ticker: TEP), announced the transaction via a press release on December 17, 2015. Tallgrass
30-Day Rates on New Pads Exceeding 1,000 BOEPD Oil and gas companies are focusing on efficiencies more than ever before, and Whiting Petroleum Corporation (ticker: WLL) continues to progress on its industry-leading acreage in the Williston Basin. Enhanced completions led to a quarter-over-quarter productivity increase of 44% in the Bakken/Three Forks play, the company said in its Q3’15 earnings release.
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