Deal frees Encana to pursue its condensate-focused growth strategy in the Montney.
Pace of production will be the key determining factor in price for next two years, but what will that price be?
Devon is now eyeing asset sales of up to $5 billion as it streamlines operations to the Scoop/Stack, Permian and Rocky Mountain areas, Dave Hager, Devon's CEO, said at the Scotia Howard Weil energy conference in New Orleans.
James Taylor was appointed as senior vice president and COO of Crew Energy Inc.’s, the company said in on March 1.
As resource plays lead to manufacturing techniques in development, artificial intelligence is increasingly helping in landing wells and completing them. Experts in the field from Devon Energy, Laredo Petroleum and Tudor, Pickering, Holt & Co. discuss tools and results in deploying machine learning.
Enerplus stood by its capex forecast of C$535 million to C$585 million in 2018, saying it will spend 75% of that amount to develop its North Dakota assets in the Williston Basin.
Pengrowth Energy Corp. (NYSE: PGH) said Feb. 20 it has appointed Peter Sametz as president, CEO and as a member of the board of directors effective March 15th, 2018.
Last month Encana said it plans to invest nearly 70% of this budget to boost production in Permian and Montney, as oil investors pressure producers to improve production without significantly increasing capital budgets.
Currently, Murphy Oil has a search process underway to identify CFO John W. Eckart’s successor, the El Dorado, Ark.-based company said in a press release.
Technologies must be domain specific with end-to-end workflows so they can be put to use, according to Binu Mathew, senior vice president and global head of digital products for Baker Hughes, a GE company.