In return for $90 million in drilling carry, Schlumberger will receive 50% working interest in Forest’s Eagle Ford drilling position, primarily in Gonzales County, Texas.
The transaction significantly increases scope, scale and upside potential.
Officials at CenterPoint and OGE Energy pooled their midstream assets together to create a large-scale, diversified MLP.
The newest event in the company's successful DUG(TM) conference series, DUG Midcontinent joins the largest unconventional resource events in the world.
The dedicated acreage covers the Granite Wash, Hogshooter, Tonkawa, Marmaton and Cleveland plays in the Anadarko Basin of the Texas Panhandle.
Davidson will discuss Noble Energy's resource developments in the Niobrara, the hydrocarbons the play is giving up, further plans, and its weighting within the producer's global exploration portfolio.
By using alternatives to freshwater, operators find opportunities for success that can help change public perception during times of drought.
North American operators are increasing ROP and achieving fewer bit runs using advanced conical-shaped PCD element and rotating PDC cutter technology.
The large amount of capital required has also transformed the M&A industry, as producers reshuffle capital and assets to get into strategic locations, and as foreign oil companies, major internationals and private equity have purchased assets, operators, or both, to get into the game.
As an alternative to diesel, natural gas could cut fuel costs 70%.