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Marketed: Nonop Interest In Apache-Operated Midland Basin Wells

2019-12-18 23:05:00| OGI

Merced Capital retained Energy Advisors Group to market nonoperated working interest in Southern Midland Basin wells operated by Apache with a cash flow of about $60,930 per month in first-half 2019.

Tags: interest wells basin midland

 

Marketed: Royalty Interest In Producing North Texas Wells

2019-12-17 11:20:00| OGI

Unit Petroleum retained EnergyNet for the sale of royalties package in the Barnett Shale in North Texas through an auction closing Dec. 19.

Tags: north interest texas producing

 
 

Colombia Orders Suspension Of Drummond Fracking At 15 Wells

2019-12-13 19:03:12| OGI

Colombias top administrative court ordered the suspension of operations at 15 fracking wells operated by coal miner Drummond on Dec. 13, because they are at a production stage prohibited by an earlier ruling.

Tags: orders colombia wells suspension

 

Report: Permian Producers Need To Drill More Wells To Maintain Production

2019-12-13 01:00:50| OGI

Analysis from IHS Markit showed the base decline rate, or the rate at which production will fall through the year, has "increased dramatically" for more than 150,000 producing wells in the Permian Basin.

Tags: to report production maintain

 

Regulator: Texas On Track To Complete Fewer Oil, Gas Wells In 2019

2019-12-10 19:58:39| OGI

The states oil and gas regulator has processed 8,629 well completions so far this year, marking nearly a 16% decline versus the same period last year, the Railroad Commission of Texas said.

Tags: complete track texas gas

 

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