U.S. count of active drilling rigs returned to at least 500 rigs as of Sept. 10, according to Baker Hughes, after falling below 500 the previous week because of Hurricane Ida.  There were 503 rigs in U.S. (497 previous week, 254 previous year), 254 rigs in Permian Basin (250 previous week, 124 previous year), 235 […]

Calgary-based Enbridge said Sept. 7 it agreed to acquire Moda Midstream Operating for $3 billion from EnCap Flatrock Midstream to enhance its U.S. Gulf Coast oil export capacity.  WorldOil reported, “Enbridge, which already handles about a quarter of all crude produced in North America, is betting on a strong outlook for exports of oil pumped […]

Houston-based Nabors Industries recently launched a robotic drilling rig in Midland County.  Travis Purvis, senior vice president, told Midland Reporter Telegram and KOSA-TV in Odessa last month that the new PACE R801 rig is the industry’s first automated land drilling rig using technology optimized for drilling automation, including robotic pipe handler.  Purvis said there is […]

Arlington-based U.S. Energy Development Corp. said Sept. 8 it acquired a $50 million asset in Loving County in the core of the Delaware Basin.  The project includes wells targeting third Bone Spring, Wolfcamp A and Wolfcamp XY.  U.S. Energy said it has invested $135 million in Permian Basin in the past year.  This is the […]

Houston-based WaterBridge Holdings said Sept. 10 it acquired the produced water infrastructure acquired in June by Colgate Energy from Occidental Petroleum.  WaterBridge also said it has a new 15-year produced water management agreement for Colgate’s operated acreage in Reeves and Ward counties.  The acquired assets include 10 water-handling facilities, associated water midstream infrastructure (capacity 100,000 […]

The industry’s evacuation of infrastructure in Gulf of Mexico ahead of Hurricane Ida led to a loss of 11 active drilling rigs in U.S. as of Sept. 3, according to Baker Hughes.  There were 5 additional rigs on land, but the number of rigs drilling offshore was down 13 in the previous week to 2.  […]

Tulsa-based Laredo Petroleum, pure play Permian operator, said last month it brought online in central Howard County in 2021Q2 its first multi-well package to use wider spacing in Wolfcamp A.  Laredo said its third multi-well package in Howard, the 13-well Davis unit (10 wells in lower Wolfcamp A, 3 wells in lower Spraberry), is outperforming […]

In a report released last month, U.S. Energy Information Administration said Midland Basin accounted for 15 percent of total crude oil production (1.68 million b/d) and 6 percent of total dry natural gas (5.4 billion cfd) in U.S. in 2020.  In the past decade, exploration and production in Midland Basin, within Texas’ borders in eastern […]

Austin-based WhiteWater Midstream said Aug. 26 it is acquiring Gateway pipeline of Sendero Midstream Partners in northern Delaware Basin.  In service since late 2020, the 24-inch pipeline extends 24 miles north from Reeves County to the Carlsbad area.  It’s connected to WhiteWater’s Agua Blanca natural gas pipeline system, joint venture of WhiteWater and MPLX serving […]

Irving-based major ExxonMobil said Tuesday it has reached agreement with independent, non-profit MiQ to begin certification process for natural gas produced at its facilities at Poker Lake in northern Delaware Basin in New Mexico.  Certified natural gas, sometimes referred to as responsibly sourced gas (RSG), validates emissions reduction efforts and helps customers meet emissions goals.  […]