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STEP Energy, UCS to Deliver Post-Production Stimulation Services in Permian, Bakken, DJ Basin

2021-02-05 15:32:05| OGI

STEP Energy Services Ltd. and Universal Chemical Solutions Inc. (UCS) have entered into an agreement on Feb. 4 that will facilitate the delivery of post-production stimulation services to energy producers working in the Eagle Ford Shale, Permian Basin, Niobrara-DJ Basin and Bakken Formation.

Tags: services step energy deliver

 

Marketed: Blackbeard Operating Permian Basin Divestiture

2021-02-04 21:00:00| OGI

Blackbeard Operating LLC retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain oil and gas properties located in the Permian Basins Central Basin Platform.

Tags: operating basin marketed permian

 
 

Surge Energy Agrees to $420 Million Midland Basin Acquisition

2021-02-02 02:30:00| OGI

The acquisition, from private equity-backed Grenadier Energy Partners II, will add leasehold interest and producing wells in Howard County, Texas, where Surge Energys position in the northern Midland Basin is partly located.

Tags: million energy acquisition agrees

 

Petrobras Finds Hydrocarbons in Campos Basin Presalt Area

2021-01-29 15:16:04| OGI

Wildcat well BRSA-1377-RJS, also known as Urissan, found hydrocarbon in reservoirs in the presalt section, Petrobras said in a news release.

Tags: area finds campos basin

 

Economics Behind Up-spacing Trend in Permian Basin

2021-01-26 21:50:00| OGI

Spacing is a key piece of the puzzle for oil and gas companies looking to boost free cash flow.

Tags: trend economics basin permian

 

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