Nissa
Darbonne
Oil and Gas Investor
Pickering: Will Improving Drilling Efficiencies Outrun Inventory-led M&A?
Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners.
AIQ, Partners to Boost Drilling Performance with AI ROP Project
The AI Rate of Penetration Optimization project will use AI-enabled solutions to provide real-time recommendations for drilling parameters.
Utica Play Economics Are Middleweight, Enverus Says
Returns in America’s modest, middleweight oil play, are above the Bakken and Eagle Ford, but rank below the Midland, Delaware and Denver-Julesburg basins, Enverus reported.
Coterra Takes Harkey Sand ‘Row’ Show on the Road
With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.
Expand Foresees Drilling U-Turns in Appalachia
As Expand Energy leans into its newly combined Chesapeake-Southwestern acreage, Tim Beard, the company’s vice president of drilling, would be “surprised” if Expand did not drill U-turn wells in the Appalachian Basin.
E&P Highlights: Nov. 18, 2024
Here’s a roundup of the latest E&P headlines, including new discoveries in the North Sea and governmental appointments.
Empire Raises $10M in Equity Offering to Ease Doubts, Reports $3.6M Loss
Empire Petroleum received a waiver from its lender after falling out of compliance with a credit agreement.
Range Resources Counters M&A Peer Pressure with Drilling Efficiencies
Range Resources doesn’t feel the need to give into M&A peer pressure as it focuses on the efficient development of its current asset base, President and CEO Dennis Degner tells Hart Energy.
2024 E&P Meritorious Engineering Awards for Innovation
Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.
Interoil Extends Asset Life with Successful Well Intervention in Colombia
Interoil’s intervention brought production at Vikingo well back up to 400 bbl/d of oil.