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Permian Operator Matador Resources To Cut Rig Count In Half

2020-03-12 10:10:00| OGI

Matador Resources CEO Joseph Wm. Foran said he also voluntarily agreed to reduce his base salary by 25% as the Permian Basin operator responds to a slump in oil prices.

Tags: resources half cut count

 

Marketed: Resonance Resources Permian Leasehold, Reeves County, Texas

2020-03-11 21:30:00| OGI

Resonance Resources retained EnergyNet for the sale of non-producing leasehold within the Permian Basin in Reeves County, Texas, through an auction closing March 24.

Tags: resources county texas resonance

 
 

TGS, Fairfield Geotechnologies To Acquire Permian 3D Seismic Survey

2020-03-10 14:07:18| OGI

TGS and Fairfield Geotechnologies have agreed on March 9 to acquire a new multiclient survey within the area of mutual interest (AMI) established between the two companies in June 2018.

Tags: survey acquire fairfield seismic

 

Kinder Morgan Uncertain About Permian Pipeline Project

2020-03-06 16:44:30| OGI

Low prices for natural gas have discouraged customers for Permian Pass.

Tags: project kinder morgan uncertain

 

Differing Approaches To Optimizing Permian Well Spacing

2020-03-05 21:00:00| OGI

Major operators in the Permian Basin are optimizing spacing strategies in pursuit of increasing well productivity, Enverus analysts say.

Tags: approaches differing spacing optimizing

 

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