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Best of This Weeks Drilling Activity Highlights (April 24, 2020)

2020-04-24 18:00:00| OGI

Results from an EOG Resources multiwell Permian Basin prospect in Reeves County, Texas, and a new North Slope wildcat in Alaska top this weeks drilling activity highlights from around the world.

Tags: april weeks activity highlights

 

Patterson-UTI Sees 60% Decline in Activity as Oil Prices Crater

2020-04-24 15:03:03| OGI

Oilfield service firm Patterson-UTI Energy Inc. on April 23 warned investors it would see a 60% decline in activity this year as shale companies slash spending and halt activity amid an unprecedented decline in oil prices.

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Hart Energys Unconventional Activity Tracker (Week of April 20, 2020)

2020-04-20 22:28:16| OGI

As of this week, the rig count decline is nearing the decline of 2015. It fell about 10 rigs per day this week and in 2015-2016, it fell about 12-15 per day.

Tags: april week activity tracker

 

Best of This Weeks Drilling Activity Highlights (April 17, 2020)

2020-04-17 18:00:00| OGI

Middle Bakken and Upper Three Forks producers completed by Continental Resources plus results from a Haynesville Shale discovery in Louisianas Bossier Parish top this weeks drilling activity highlights from around the world.

Tags: april weeks activity highlights

 

Hart Energys Unconventional Activity Tracker (Week of April 13, 2020)

2020-04-13 22:43:08| OGI

U.S. rig count is at the lowest level its been since December 2016. Oil futures down more than 50% since the beginning of 2020 as Saudi Arabia and Russia cut prices and boosted output in a battle for market share.

Tags: april week activity tracker

 

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