WPX Energy Inc. plans to deploy two more drilling rigs to the five now running in Western Colorado’s Piceance Basin, which should add an incremental 1.9 Bcfe in natural gas-weighted output through the rest of this year, the Tulsa operator said Wednesday.
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Halcon Making Big Plans in New Eagle Ford Shale Play
Halcon Resources Corp. said it has acquired more than 50,000 net acres of leasehold in an Eagle Ford Shale play in East Texas, and plans to eventually triple its presence and invest $100 million there this year.
April 16, 2013