In case you missed it, here’s a look at this week’s top five drilling activity highlights from around the world.
- Utica Shale Discovery Tested Flowing 32.845 MMcf of Gas per Day
- Spraberry Field Wells at Howard County, Texas, Drillpad Produce from Spraberry, Wolfcamp
- Wolfcamp Discovery in Eddy County, N. M., Produces 5,202 bbl of oil, 11.096 MMcf of Gas per Day
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Permit Issued for Horizontal Piceance Basin Test in Rio Blanco County, Colo.
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Four Marcellus Shale Wells Completed at Susquehanna County, Pa., Drillpad
Also see: Top 12 IP Wells in the Permian Basin
For more up-to-date information on the latest U.S. and international exploration wells visit Hart Energy’s online Drilling Activity Highlights database.
Recommended Reading
Exxon Shale Exec Details Plans for Pioneer’s Acreage, 4-mile Laterals
2024-05-03 - Exxon Mobil plans to drill longer, more capital efficient wells in the Midland Basin after a major boost from the $60 billion Pioneer Natural Resources acquisition. Data shows that Exxon is a leading operator drilling 4-mile laterals in the Permian’s Delaware Basin.
FTC OKs Exxon-Pioneer Merger, but Bars Sheffield from Exxon’s Board
2024-05-02 - A megamerger between Exxon Mobil and Pioneer Natural Resources can proceed, but Pioneer Chairman Scott Sheffield is out, the Federal Trade Commission says.
EIA: E&P Dealmaking Activity Soars to $234 Billion in ‘23
2024-03-19 - Oil and gas E&Ps spent a collective $234 billion on corporate M&A and asset acquisitions in 2023, the most in more than a decade, the U.S. Energy Information Administration reported.
Permian M&A: Oxy Shops Delaware Assets, Family Oil Cos. Stand Out
2024-05-10 - As operators scour the Permian Basin for M&A opportunities, they’re keeping an eye on a tepid divestiture market. Family-owned oil companies also stand out among the pack of private inventory holders remaining in the Permian, according to Enverus Intelligence Research.
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.