Completions

North Dakota Well Completions Forecast to Climb in 2021, but Not Rig Count

North Dakota Well Completions Forecast to Climb in 2021, but Not Rig Count

North Dakota natural gas and oil production declined slightly month/month in November, but more well completions are expected this year on “significantly better” oil prices. Department of Mineral Resources director Lynn Helms noted that recent Bakken Shale sweet crude was trading at around $43.50/bbl, which should spur more well completions, but not high enough to…

January 15, 2021
Liberty Adds Heft in North American Land with Schlumberger’s OneStim

Liberty Adds Heft in North American Land with Schlumberger’s OneStim

Denver-based Liberty Oilfield Services Inc. has completed its takeover of Schlumberger Ltd.’s OneStim, the massive U.S. and Canada onshore hydraulic fracturing business, in exchange for 37% equity. The transaction, completed on the final day of 2020, moved Liberty into the top tier of onshore completions experts. OneStim provides expanded opportunities in pressure pumping, pump down…

January 5, 2021
Range Capex Tracking Below Guidance, but Production Trending Higher

Range Capex Tracking Below Guidance, but Production Trending Higher

Range Resources Corp. said lower processing and transportation costs helped to offset weaker pricing for natural gas liquids (NGL) and other energy commodities during the second quarter, putting the Fort Worth, TX-based independent producer on track to spend at or below its 2020 capital budget. Range dropped $99 million on drilling and completions activity during…

July 28, 2020
Lower 48 Fracking Operations Reportedly to Hit Low Point in April, with Permian Taking Biggest Hit

Lower 48 Fracking Operations Reportedly to Hit Low Point in April, with Permian Taking Biggest Hit

The historic slump in oil drilling is likely to result in the largest monthly decline in completions activity ever recorded in the United States, according to an analysis by Rystad Energy.

April 22, 2020
Deluge of North American E&Ps, OFS Operators Slash Spending as Demand Crushed from Coronavirus

Deluge of North American E&Ps, OFS Operators Slash Spending as Demand Crushed from Coronavirus

Chevron Corp. led the way by oil and natural gas producers on Tuesday in announcing huge cuts to capital spending this year, with Marcellus Shale operator Antero Resources Inc. and Permian Basin-focused Laredo Petroleum Inc. also pulling back as the North American energy industry attempts to regroup amid a pandemic and an oil price war.

March 24, 2020
Halliburton Idling North American Equipment as Onshore Activity Erodes

Halliburton Idling North American Equipment as Onshore Activity Erodes

North America’s biggest pressure pumping provider Halliburton Co. warned of waning activity for the remainder of the year as customers shun completions and new drilling.

October 21, 2019
Whiting Conjuring New Ways to Expand Bakken Output

Whiting Conjuring New Ways to Expand Bakken Output

Executives with Denver-based Whiting Petroleum Corp. are working on ways to apply the newest technology and operating tricks throughout the company’s core Bakken Shale assets to keep producing more oil and natural gas at better-than-break-even prices.

March 8, 2019

TX RRC Praised for biggest overhaul of oil and gas rules in over 30 years,

The Railroad Commission of Texas (RRC) amended its oil and gas well construction requirements rule (Statewide Rule 13) to clarify requirements related to casing, cementing, drilling, well control and completions. The rules include innovations that put the state “back into a leadership position on regulation of oil and gas well construction,”

June 3, 2013

Texas RRC Adopts Well Casing, Fracking Rule Changes

The Railroad Commission of Texas (RRC) amended its oil and gas well construction requirements rule (Statewide Rule 13) to clarify requirements related to casing, cementing, drilling, well control and completions. The changes take effect Jan. 1, 2014 and apply to any wells drilled on or after that date.

May 28, 2013
Production Records Broken Again in North Dakota

Production Records Broken Again in North Dakota

Three storms in March failed to deter oil and natural gas operations in North Dakota, which set new all-time highs for the month, according to the latest statistics from the state Department of Mineral Resources (DMR).

May 16, 2013
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