Northwest Shelf

Ring Energy Steps Up Permian Drilling in NWS as Oil Prices Rebound

Ring Energy Steps Up Permian Drilling in NWS as Oil Prices Rebound

Permian Basin pure-play Ring Energy Inc. is accelerating plans to drill up to eight wells this year on its Northwest Shelf (NWS) acreage amid a rally in oil prices, the CEO said Wednesday. “We were originally thinking that we were going to pick up a drilling rig to start our next campaign sometime in the…

March 17, 2021