Larry Prado, Hart Energy’s activity editor, summarizes recent exploration action from the oil and gas industry. (Source: Hart Energy; Shutterstock.com)
In case you missed it, here’s a look at this week’s top five drilling activity highlights from around the world.
- Utica Shale Discovery Tested Flowing 32.845 MMcf of Gas per Day
- Spraberry Field Wells at Howard County, Texas, Drillpad Produce from Spraberry, Wolfcamp
- Wolfcamp Discovery in Eddy County, N. M., Produces 5,202 bbl of oil, 11.096 MMcf of Gas per Day
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Permit Issued for Horizontal Piceance Basin Test in Rio Blanco County, Colo.
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Four Marcellus Shale Wells Completed at Susquehanna County, Pa., Drillpad
Also see: Top 12 IP Wells in the Permian Basin
For more up-to-date information on the latest U.S. and international exploration wells visit Hart Energy’s online Drilling Activity Highlights database.
Recommended Reading
E&Ps Pivot from the Pricey Permian
2025-02-01 - SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug off high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney.
Sliding Oil Prices Could Prompt Permian E&Ps to Cut Capex
2024-12-03 - A reduction in the rig count would also slow the growth of natural gas output from the region, benefitting gassy Gulf Coast players, according to Enverus.
Formentera Joins EOG in Wildcatting South Texas’ Oily Pearsall Pay
2025-01-22 - Known in the past as a “heartbreak shale,” Formentera Partners is counting on bigger completions and longer laterals to crack the Pearsall code, Managing Partner Bryan Sheffield said. EOG Resources is also exploring the shale.
E&P Highlights: Dec. 16, 2024
2024-12-16 - Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Shale Outlook: E&Ps Making More U-Turn Laterals, Problem-Free
2025-01-09 - Of the more than 70 horseshoe wells drilled to date, half came in the first nine months of 2024 as operators found 2-mile, single-section laterals more economic than a pair of 1-mile straight holes.
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