Houston-based Surge Energy US Holdings Co. said a subsidiary has drilled the longest known lateral in the Permian Basin’s Midland formation at a total measured depth of 24,592 feet, vertical depth of 7,102 feet and horizontal displacement of 17,935 feet, or 3.4 miles.
Articles from Lateral
U.S. well productivity gains posted last year may not repeat in 2019 with the same magnitude, but domestic output still should drive the global market in the next decade, according to Raymond James & Associates Inc.
More than three years after first submitting an application to FERC, and after a bitter fight with state regulators, Millennium Pipeline Co. LLC’s Valley Lateral project officially entered service on Monday after receiving final authorization from the Federal Energy Regulatory Commission.
The co-tenancy legislation that passed during this year’s regular session in West Virginia is generally expected to aid natural gas development, but exactly how significant its impact will be remains unclear.
Rover Pipeline LLC is ready to place three eastern Ohio supply laterals and associated compressor stations into service this month, the operator told FERC Friday.
Implementing a law passed earlier this year by the state legislature, the Oklahoma Corporation Commission (OCC) has adopted on an emergency basis long-lateral drilling rules that apply to all oil and natural gas formations in the state, not only unconventional plays.
Five months to the day after losing its quorum, FERC on Monday issued a certificate of approval for Texas Eastern Transmission LP’s proposed Bayway Lateral Project, which would fuel a refinery and an adjacent co-generation plant in New Jersey.
With a large rig addition and a move into the Permian Basin as a fourth U.S. onshore play in its portfolio, Marathon Oil Corp. is obviously eyeing growth unconventionals, but it may choose to expand using shorter hydraulic fracturing (fracking) laterals, company executives said on an earnings conference call Friday.
Oklahoma’s Senate this month has produced two competing bills aimed at allowing longer horizontal laterals in non-shale formations in the state. The state’s two principal industry groups back different measures.
San Antonio-based Lilis Energy Inc. (LLEX), which began trading on the Nasdaq Tuesday, has drilled and completed its first two operated horizontal Wolfcamp B wells in the Delaware Basin, a sub-basin of the Permian, with initial production rates “significantly exceeding” the expected type curve, the company said Wednesday.