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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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