Crude oil production in seven major regions of the U.S. is expected to top 8.5 million barrels per day in August, according to the latest drilling productivity report from U.S. Energy Information Administration. EIA said production will increase by 49,000 barrels per day this month to 8,546,000 b/d. Permian Basin is forecast to provide 69 […]
Completion announced for longest lateral of 3.4 miles in Wolfcamp
Fort Worth-based Basic Energy Services said July 18 that one of its 24-hour rig and equipment units completed drilling of the longest known lateral in Permian Basin. The horizontal well was completed in Wolfcamp A of Delaware Basin for Houston-based Surge Energy. Drill-out of 17,935 feet (3.4 miles) was completed in six days. Dexter Burleigh, […]
Antelope Water to build water reuse, recycling facilities in New Mexico
Austin-based Antelope Water Management said July 11 that two subsidiaries, Enchantment Water Management and Antelope Water Services, reached agreements with two landowners in Lea and Eddy counties in New Mexico to construct produced water reuse and recycling plants. Each facility will have treatment capacity of 100,000 barrels of produced water per day and storage capacity […]
BLM to move headquarters to Grand Junction, Colo., from Washington
Eighty-five federal jobs will be relocated to Colorado as the U.S. Bureau of Land Management moves its headquarters to Grand Junction, Colo., from Washington, D.C., so more agency’s administrators will be closer to acreage they regulate. Joseph R. Balash, U.S. assistant interior secretary, confirmed the move in a letter July 16 to interior and environment […]
New Mexico adds 5 rigs to improve No. 2 position behind Texas in rig count
New Mexico continues to add oil and gas drilling rigs to build its lead as No. 2 among states behind Texas in Baker Hughes’ weekly report of rig counts. New Mexico added 5 rigs in the past week as of July 19 for a new total of 107, ahead of Oklahoma, which lost 3 rigs […]
Desert Royalty, Kimmeridge merge royalty assets in Delaware Basin
Midland-based Desert Royalty and Denver-based Kimmeridge Energy said July 17 they merged their Delaware Basin oil and gas royalty assets into one company named Desert Peak Minerals. They said it will be “the largest pure-play mineral and royalty company in the Delaware Basin by net royalty acres.” Desert Peak Minerals will be headquartered in Denver […]
Solaris begins operations at Lobo Ranch, starts construction at Bronco
Houston-based Solaris Water Midstream said July 16 it started operations at its expanded Lobo Ranch Produced Water Recycling and Blending Center, a produced water recycling and non-potable water blending facility in Eddy Counrty near Malaga, N.M. Solaris also started development of its Bronco facility, an additional recycling and blending facility in nearby Lea County. The […]
Longhorn Midstream subsidiary starts building oil pipeline in Eddy County
Dallas-based LM Touchdown Crude II, subsidiary of Longhorn Midstream, said July 15 it started construction of its Touchdown crude oil gathering system in northern Delaware Basin. The 50-mile greenfield pipeline system initially will gather from and deliver to points in Eddy County. The gathering system is scheduled to enter partial service in September with full […]
U.S. crude oil production surpasses 12 million barrels per day for first time
According to the latest Petroleum Supply Monthly from U.S. Energy Information Administration, U.S. monthly crude oil production surpassed 12 million barrels per day for the first time in April 2019. The U.S. produced 12.16 million b/d in April – up 246,000 b/d or 2.06 percent from a month earlier. The EIA added, “This milestone comes […]
Rig counts decline to 437 in Permian Basin, 456 in Texas, 958 in U.S.
New Mexico remained unchanged with 102 active oil and gas drilling rigs (99 a year ago), but the counts from Baker Hughes as of July 12 declined for the past week in Permian Basin, Texas and U.S. There are 437 rigs in Permian Basin (443 a week ago, 476 a year ago), 456 rigs in […]
- « Previous Page
- 1
- …
- 210
- 211
- 212
- 213
- 214
- …
- 242
- Next Page »