Spraberry Field-Wolfcamp A discoveries by Pioneer Natural Resources in the Permian Basin plus Marcellus and Utica well completions in Pennsylvania’s Greene and Washington counties top this week’s oil and gas drilling activity highlights from around the world.
Record-high dry natural gas production in the Appalachian Basin was mainly due to the growth in pipeline takeaway capacity, according to the EIA.
The largest week-over-week changes in the rig count occurred in the Permian Basin and Williston Basin.
Comstock Haynesville completions in Louisiana’s Bossier Parish plus Chesapeake results from Marcellus Shale wells and Uteland Butte producers in the Piceance-Uinta Basin top this week’s oil and gas drilling activity highlights from around the world.
All major U.S. oil- and gas-producing regions, including the Permian Basin, saw declines.
The Denver-Julesburg Basin rig count hit a 2021 high in early August of 16 rigs, an activity level not seen since early April 2020.
EOG Bone Spring wells plus Hibernia Wolfcamp discoveries in the Permian Basin plus Chesapeake Marcellus completions and results announced from a new Paradox Basin venture by Zephyr Energy top this week’s oil and gas drilling activity highlights from around the world.
Here’s a snapshot of recent energy deals including BHP’s exit from the oil business through the merger of its petroleum assets with Woodside in an all-stock merger valued at roughly $13 billion.
Major U.S. shale plays with the largest week-over-week increases were in the Appalachian and the Permian basins, with each gaining three rigs.
Navigating the obstacle course of government entities and economic struggles is a challenge, but the midstream sector has chalked up some wins to go with a few setbacks.