Anadarko Basin

Devon Raises Lower 48 Oil Production Outlook, Accelerates Barnett Sale for Special Dividend

Devon Raises Lower 48 Oil Production Outlook, Accelerates Barnett Sale for Special Dividend

Lower 48 stalwart Devon Energy Corp. is working with fewer rigs and completion crews across its four core holdings in the Lower 48, but stronger oil production still is in sight for the year, along with a special dividend payment from former natural gas juggernaut, the Barnett Shale. CEO Dave Hager led a conference call…

August 5, 2020
North America Likely Taking Biggest Hit from Pullback in Global Oil, Gas Drilling

North America Likely Taking Biggest Hit from Pullback in Global Oil, Gas Drilling

The number of oil and natural gas wells likely to be drilled around the world this year is forecast to hit its lowest level since at least the early 2000s, with North America the most impacted from slumping demand in the age of Covid-19. An analysis by Rystad Energy issued on Tuesday pegged the number…

July 14, 2020
Fluid Density Differences Said to Cause Anadarko Basin Tremors Long After Oil, Gas Drilling Completed

Fluid Density Differences Said to Cause Anadarko Basin Tremors Long After Oil, Gas Drilling Completed

A new geological study that focused on areas of the Anadarko Basin in Oklahoma shows that differences in density between underground water and wastewater from oil and gas drilling injected into the ground corresponds with continued earthquakes long after the drilling stops.

July 24, 2019

Riviera Resources Subsidiary to Build New Oklahoma Crude Line, Lands Roan as Anchor Shipper

A subsidiary of Riviera Resources Inc. plans to build a new crude gathering line in Oklahoma’s Anadarko basin as part of a newly inked shipping deal with exploration and production (E&P) company Roan Resources LLC, Riviera said Wednesday.

July 18, 2019
Roan Reworks Anadarko Basin Plans on Well Interference Issues

Roan Reworks Anadarko Basin Plans on Well Interference Issues

Roan Resources Inc. has redesigned its 2019 drilling plans for the stacked plays within the Anadarko Basin after four wells targeting the Woodford Shale were impacted last year by well interference issues with the Mayes Shale.

March 21, 2019

Midstates Sells Anadarko Basin Assets, Continues Exploring M&A Options

Midstates Petroleum Co. Inc. said Wednesday that it has reached a deal with an undisclosed buyer to sell its Anadarko Basin properties in the Texas panhandle and western Oklahoma for $58 million.

April 5, 2018
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