Shale producers must increase capex in 2022 to keep oil and gas production from falling as the inventory of drilled but uncompleted wells decrease, analysts say.
Separately, Callon Petroleum also announced the closing of its acquisition of Primexx Energy Partners in the Delaware Basin plus a boost to its production forecast.
Crusoe Energy President and Co-founder Cully Cavness explains a fast, low cost and simple solution to natural gas flaring for shale producers in the Rockies.
A shale expert shares some insight on factors to evaluate when optimizing hydraulic fracturing.
The vendor-neutral platform eliminates data management headaches to support integrated completions evaluation for unconventional oil and gas reservoirs.
ConocoPhillips, which is advancing recovery from its Bakken wells, discusses its forward plans for the Williston Basin.
The projected increase in oil and gas production follows recent reports by the EIA of a sharp decline in the DUC count in all major U.S. shale regions.
The Permian Basin operator plans to drill more 15,000-ft laterals and is studying whether it should go even longer.
Certification will validate the ongoing efforts to reduce methane emissions from upstream operations.
The top 50 U.S. E&Ps saw their capex drop 60% and revenue down 33%, while impairment charges hit $66.6 billion, EY’s latest study showed.