QEP Resources Inc. management said it broke production records in the Permian Basin during the first quarter, but it plans to drop to a four-rig drilling program in May, even as it raises overall production guidance for the remainder of the year.
Articles from Uinta
The U.S. Bureau of Land Management (BLM) on Wednesday launched a 14-day public comment period for XTO Energy Inc.’s proposed Horsebench Natural Gas Development Project in part of the Uinta Basin, 36 miles north of Price, UT.
EOG Resources Inc.’s proposal to drill 2,800 natural gas wells in the Uinta Basin of Utah has gained a new life, following the release of an updated draft environmental impact statement (DEIS) by the Bureau of Land Management (BLM).
Foothills Exploration Inc. plans to re-enter two wells in Utah’s Uinta Basin next month and develop a comprehensive drilling program within two months for acreage it acquired last December.
Units of Tesoro Corp. and EP Energy Corp. on Thursday formed a drilling joint venture (JV) to fund oil and natural gas development in EP’s Altamont program in the Uinta Basin of Utah.
A natural gas development plan for the Uinta Basin in Northeast Utah by Denver-based Gasco Energy Inc. was given new life earlier this month when a federal district judge rejected claims by three environmental groups challenging the plan’s approval by the federal Bureau of Land Management (BLM) three years ago.
A U.S. Court of Appeals for the DC Circuit Tuesday upheld the U.S. Environmental Protection Agency’s (EPA) decision not to designate the Uinta Basin in Utah as a nonattainment area for ozone.The Western Energy Alliance (WEA), which was in a rare alignment with EPA on the case, applauded the decision.
EnerVest Ltd. reported Monday that it is on target to clear more than $1 billion in oil and natural gas asset acquisitions within the United States for the fourth year in a row. In 2013 the company is adding to its Midcontinent, Barnett Shale and San Juan Basin acreage, in addition to snapping up its first piece of the Uinta Basin in Utah.
Ultra Petroleum Corp. dipped its toe into the oil patch Monday, signing an agreement with an undisclosed seller to acquire oil-producing properties in northeast Utah, in the Uinta Basin, for $650 million, the company said Monday.