Relates

‘Human Experience Factor’ Playing Big Role in Drilling Efficiencies

U.S. onshore horizontal drilling has improved steadily across every category, in part because of improvements in technology, but the “human experience factor” appears to be playing a substantial role as well in moving well times and depth curves to the left, according to an analysis by Tudor, Pickering, Holt & Co. (TPH).

January 23, 2013

Industry Brief

The chair of the Railroad Commission of Texas has directed commission staff to look into its existing rules on water recycling in the oil and gas patch. “If we need to streamline our old rules and make amendments where necessary to encourage companies to expand their recycling activities, then that is what we will do,” said Chair Elizabeth Ames Jones. “…[W]e must maintain that hydraulic fracturing can continue to benefit Texas by allowing companies to manage water use and conserve when possible as it relates to this process of energy production.”

November 28, 2011

Newfield Hikes Spending for ‘Undisclosed’ Play

Newfield Exploration Co. recently raised its 2011 capital budget to $1.9 billion from $1.7 billion set at the beginning of the year. The increase largely relates to leasing in “an undisclosed resource play,” said CEO Lee Boothby during a conference call with financial analysts.

May 2, 2011

Newfield Raises Budget But Eyes Costs

Newfield Exploration Co. Thursday raised its 2011 capital budget to $1.9 billion from $1.7 billion set at the beginning of the year. The increase largely relates to leasing in “an undisclosed resource play,” said CEO Lee Boothby during a conference call with financial analysts.

April 26, 2011

Newfield Hikes Spending for ‘Undisclosed’ Play, Costs

Newfield Exploration Co. Thursday raised its 2011 capital budget to $1.9 billion from $1.7 billion set at the beginning of the year. The increase largely relates to leasing in “an undisclosed resource play,” said CEO Lee Boothby during a conference call with financial analysts.

April 26, 2011

Bison Pipeline Still Not In Service

TransCanada’s new Bison Pipeline between Wyoming and North Dakota is still not in service because of some final commissioning work, some of which relates to the monitoring of pipeline pressures, a Houston-based TransCanada spokesperson told NGI.

January 10, 2011

Bay Gas Storage Continues Growing Mobile, AL Facility

Mobile, AL-based Bay Gas Storage Co. Ltd. will hold a nonbinding open season for 10.0 Bcf of natural gas storage capacity at its facility in McIntosh, AL. The open season relates to the planned development of two new 5 Bcf. high-deliverability, underground caverns in the McIntosh salt-dome, together with planned pipeline interconnects with Transco (Station No. 85) and SONAT (York, AL). The new caverns and pipeline interconnects are scheduled to begin service by fall 2009.

October 6, 2006