Velda
Addison
Hart Energy
Halliburton Says the World is Entering a Period of Oil Scarcity
"For the first time in a long time, we will see a buyer looking for a barrel of oil, as opposed to a barrel of oil looking for a buyer," Halliburton CEO Jeff Miller said at the 23rd World Petroleum Congress.
Oil Industry Veterans Partner to Bring More Solar Power to Permian Basin
The group is working with Black & Veatch subsidiary Diode Ventures to develop and finance utility-scale solar projects in the Permian Basin.
Birthplace of US Oil Boom a Decade Ago Shows Signs of Decline
Soaring oil production transformed North Dakota over the past decade but last year’s oil market downturn hit the region hard.
Africa Has Sights Set on Hydrocarbon Haul despite Global Shift
Across the African continent, where some 600 million people lack electricity, both well-established and emerging producers are seeking to accelerate hydrocarbon extraction.
Chesapeake Energy Boosts Oil Output Guidance by 1 Million Barrels
The uptick in output is largely the result of lower base production declines, Chesapeake Energy said. It expects to produce between 20 million and 22 million barrels next year, according to a presentation.
US Shale Producers Signal More Oil Coming as OPEC Counts on Restraint
The planning uptick in shale will come from larger companies and particularly from the Permian Basin, the top U.S. shale field, and follows pressure from the White House for more production.
Diamondback Energy Vows to Hold Oil Output Flat Even as Prices Soar
“I think this industry has tried a market share war with OPEC before and it didn’t work out,” Diamondback Energy CFO Kaes Van’t Hof said. “So why don’t we let OPEC bring back their spare capacity and us stay flat?”
Updated: Top 12 IP Wells in the Permian Basin
June 2021: Brinninstool West Field-Wolfcamp Well: 5,453 bbl of Oil, 9.779 MMcf of Gas per Day
Table: Top 12 IP Wells in Three Forks
May 2021: Oasis Petroleum Announces Results from Two Williston Basin-Banks Field Wells
Top 12 IP Wells in Cotton Valley
July 2018: Two high-volume completions by Range Resources in Lincoln Parish, La.