What we’re seeing is that [Permian Basin] wells drilled this year are continuing ... drilled aggressively trying to identify minimum spacing? Absolutely," he said. "We are starting to see ...
In a region like the Permian Basin with layer upon layer of potential production zones which have been fairly well mapped, he said, the probabilities of at least some production from any drilling ...
Notably, earlier in August, Exxon had disclosed the intention to sell older wells in the Permian's Central Basin that produce small but steady oil volumes. At that time, the company said in a ...
Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced it has entered into two separate definitive ...
optimized well spacing, and enhanced fracturing designs. EIA has forecast that crude oil production in the Permian region will increase by 430,000 b/d from 2023 to 6.3 million b/d in 2024 and 6.6 ...
Encana summed up their early experience in the Permian ... in the Midland basin. The cycle time and capital efficiency will also depend on optimizing well length, well spacing, and frac ...
Operator Good afternoon and welcome to Occidental's third quarter 2024 earnings conference call. All participants will be in listen-only mode. [Operator instructions] After today's presentation, there ...
The Permian Basin is the largest oil-producing shale play in the US. As it is majorly located in Texas, it benefits from the dense network of oil and gas pipelines in the state as well as access ...
Texas Pacific Land (NYSE:TPL) said Tuesday it closed two acquisitions for oil and gas mineral interests and surface acreage located in the Permian Basin for ... drilling and spacing units, which ...
The Permian Basin is the epicenter of opportunity for oil and gas investors. As the top oil-producing region in the United States, its production growth and future potential are unmatched.
We anticipate next-twelve-months production to generate a double-digit cash flow yield, with additional growth potential as over half of the Drilling and Spacing Units have seen limited ...
Canadian Natural Resources remains a powerhouse in my portfolio, with the Chevron acquisition strengthening my long-term ...