Gregory
Morris
Contributor
Hart Energy Unconventional Activity Tracker (Week of June 21, 2021)
While operators in the Rockies unconventional plays added to the U.S. rig count this past week, the Eagle Ford Shale lost 10 rigs. Meanwhile, the Permian Basin RRC Dist. 7C lost four rigs and Dist. 8 added five.
CNPC Discovers Shale Oil Field in Erdos Basin
Proven geological reserves are estimated at more than 1 billion tonnes shale oil, Xinhua reported June 20.
Oil and Gas Investor Play-by-play: Powder River Basin Promise
The stacked pay basin has tantalized oil and gas producers as technical advances started to tame high variability, costs and frustrations.
Hart Energy Unconventional Activity Tracker (Week of June 14, 2021)
The Williston Basin hit a 2021 high of 20 active rigs this past week, according to Enverus analysis of the U.S. oil and gas rig count.
Hart Energy Unconventional Activity Tracker (Week of June 7, 2021)
The largest increases by basin occurred in the Permian Basin, where eight rigs were added. Meanwhile, the Williston Basin added five rigs and reached a 2021 high of 19.
Column: US Shale Restraint Pushes Oil Prices to Multi-year High
The higher prices signal the need for more drilling and production.
Hart Energy Unconventional Activity Tracker (Week of May 31, 2021)
U.S. rig count fell slightly for the second week in a row, leading to the conclusion that last week’s sudden drop was more than a blip caused by rig downtime — some rigs moving between wells.
DUG Haynesville: Why Region Outshines the Competition
Analysts and producers at Hart Energy’s DUG Haynesville conference tout growing demand for natural gas and the shale play’s superior economics.
Hart Energy Unconventional Activity Tracker (Week of May 24, 2021)
The U.S. dropped 21 active oil and gas rigs in the past week with Enverus noting the week-over-week swing to most likely be due to rigs moving between wells.
Realities of Type Well Profiles in Unconventional Oil and Gas
Unconventional oil and gas resources present a significant challenge because so little of the data is known with great enough detail, says RED President Steve Hendrickson in a discussion on the tension between analytical and empirical approaches to type well profiles.