Spacing

With less than a month before the West Virginia Legislature’s 60-day regular session concludes, a suite of oil and natural gas-related bills is advancing in what has so far been a calmer year for the industry at the capitol, especially compared to 2018 when it won a long-fought battle for co-tenancy.

WPX Energy Inc., with a plethora of opportunities across the U.S. onshore, is evaluating a midstream infrastructure buildout in one of its key areas, the Permian Basin, to expand crude oil gathering and natural gas processing as opportunities grow, the management team said Thursday.

Devon Energy Corp.’s experiments in Oklahoma’s stacked reservoirs continue to fulfill expectations, with a third Meramec spacing pilot completed and 10 more pilots planned through the end of the year.

Devon Energy Corp. has brought online another successful spacing pilot and a record-setting well, both within the over-pressured Meramec formation within Oklahoma’s prolific stacked reservoirs.

In an effort to save money wherever possible, some operators in the Appalachian Basin are reverting back to wider interlateral well spacing, choosing, for now, to lose drilling locations and gain back capital as they search for more ways to weather the commodities downturn.

Staff of the Arkansas Oil and Gas Commission (AOGC) has recommended the permanent shut-in of saltwater disposal wells in an area north of Conway, AR, in the Fayetteville Shale where a recent earthquake swarm is thought to have resulted from waste injection activities.