In case you missed it, here’s a look at this week’s top five drilling activity highlights from around the world.
- Eagle Ford Well Flows 3.901 Mbbl Of Oil, 1.5 MMcf of Gas Per Day
- Multiwell Delaware Basin Prospect Produces from Wolfcamp M
- Oil Search Announces Results from New North Slope Wildcat
- Horizontal Gallup Producer by DJR Operating in San Juan County, N.M.
- Stabroek Block Test By Exxon Mobil Adds 6 MMbbl of Oil
For more up-to-date information on the latest U.S. and international exploration wells visit Hart Energy’s online Drilling Activity Highlights database.
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Crescent Energy to Buy Eagle Ford’s SilverBow for $2.1 Billion
2024-05-16 - Crescent Energy’s acquisition of SilverBow Resources will create the second largest Eagle Ford Shale E&P with production of about 250,000 boe/d, the companies said.
Diamondback’s Van’t Hof Plays Coy on Potential Delaware Divestiture
2024-05-16 - Diamondback Energy’s President and CFO Kaes Van't Hof also addressed new Permian exploration and the lack of “fun” dealing with the FTC on its deal to buy Endeavor Energy Resources.
Minerals Market Growing But Needs More Scale, Consolidation
2024-05-15 - The market value of public minerals and royalties companies has doubled since 2019—but the sector needs to grow even larger to attract generalist investors into the fray, experts say.
ONEOK CEO: ‘Huge Competitive Advantage’ to Upping Permian NGL Capacity
2024-03-27 - ONEOK is getting deeper into refined products and adding new crude pipelines through an $18.8 billion acquisition of Magellan Midstream. But the Tulsa company aims to capitalize on NGL output growth with expansion projects in the Permian and Rockies.
TotalEnergies, Sinopec to Develop SAF Unit in China
2024-03-26 - TotalEnergies and Sinopec’s production unit will have the capacity to produce 230,000 tons of sustainable aviation fuel per year.