Led by the opening of the Matterhorn Express, a slew of projects is set to battle regional bottlenecks in the Permian Basin region but power generation may be the catalyst for newly announced pipelines.
Slash Exploration Ltd. has retained EnergyNet for the sale of working interest participation in the Capitan 22301 27-22 State Com #20H wellbore in Lea County, New Mexico.
Brigham Exploration is significantly adding to its Permian Basin non-operated portfolio with an acquisition of 7,000 acres from Great Western Drilling.
Shale Ingenuity’s SuperEOR, which has been field tested with positive results, looks to remedy the problem of production declines.
LongPath Technologies has received a federal loan to develop a monitoring network and conditional approval from the state of New Mexico for use of its system at oil and gas operations.
Exxon is lowering drilling and completion costs, boosting EURs by 15% with custom proppant and considering upside from less developed Permian Basin zones.
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Berlin Resources has retained EnergyNet for the sale of working interest participation in McClain County, Oklahoma.
Brent J. Smolik, who most recently served on Marathon Oil’s board until its merger with ConocoPhillips, will join Encino Acquisition Partners as a director.
Freehold Royalties’ acquisition from a private seller includes around 1,300 boe/d of net production and 244,000 gross drilling acres largely operated by Exxon Mobil and Diamondback Energy.