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Permian Basin Flaring Surfaces Amid Texas Oil Proration Talk

2020-04-20 23:21:00| OGI

Wellhead flaring of natural gas continues to drop in the Permian Basin as market conditions force operators to slow production from new wells.

Tags: talk texas oil surfaces

 

Chart: Midcontinent, Permian Basin Rig Count As Of April 10, 2020

2020-04-10 07:00:00| OGI

Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10

Tags: april count chart basin

 
 

DoublePoint Energy Gets Capital Boost to Pursue Permian Basin Opportunities

2020-04-09 23:30:00| OGI

John�Sellers, co-CEO,�noted how the additional RBL capacity paired with the companys undrawn equity commitment will allow DoublePoint Energy to play offense in the down market.

Tags: capital energy opportunities boost

 

Marathon Oil Suspends Permian Drilling with Deeper Capex Cuts

2020-04-08 21:00:00| OGI

Marathon Oil will continue work to optimize�its development plans in the Bakken and Eagle Ford Shale, but now plan to take frac holidays in both plays during the second quarter, CEO Lee Tillman says.

Tags: oil cuts deeper marathon

 

Marketed: Permian Basin Package, Pecos and Ward Counties, Texas

2020-04-07 19:00:00| OGI

Brookdale Land Co. LLC retained EnergyNet for the sale of Permian Basin assets located in Pecos and Ward counties, Texas, through an auction closing April 23.

Tags: texas package ward counties

 

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