Wells

California Well Abandonments Outpacing Drilling Permits

California Well Abandonments Outpacing Drilling Permits

California oil and natural gas permits for well abandonments to date this year are twice the number of new drilling permits being sought, according to regulators. The California Geologic Energy Management Division (CalGEM) said it has received the lowest number of well stimulation permit applications since late 2016 when state Senate Bill 4 took effect.…

September 8, 2020
Lower 48 Holds Enough DUCs to Extend Operations Deep into 2021

Lower 48 Holds Enough DUCs to Extend Operations Deep into 2021

A substantial inventory in the Lower 48 of drilled but uncompleted wells, aka DUCs, could sustain drilling — without adding more wells — long into the coming year, according to a new analysis. “After DUCs run out, however, rig activity in the five key oil regions needs to be in the 280-300 range to maintain…

September 8, 2020
Aethon Energy, Burlington Resources Get Green Light to Develop 4,250 Wells as Part of Moneta Divide Project

Aethon Energy, Burlington Resources Get Green Light to Develop 4,250 Wells as Part of Moneta Divide Project

The U.S. Department of the Interior’s Bureau of Land Management (BLM) said it approved the development of up to 4,250 oil and gas wells for the Moneta Divide Project in Wyoming. The project stretches across more than 327,000 acres of mostly public lands. Aethon Energy Management and Burlington Resources Oil and Gas Company LP proposed…

August 10, 2020
LA Operator AllenCo Under More Scrutiny for Oil Facility Violations

LA Operator AllenCo Under More Scrutiny for Oil Facility Violations

The Los Angeles (LA) City Attorney has filed 25 counts against embattled exploration and production operator AllenCo Energy Inc. for alleged environmental, health and safety violations at an oil production facility. The wellsite has been under scrutiny by the Department of Conservation’s California Geologic Energy Management Division (CalGEM), which in March issued a remedial order…

August 6, 2020
Alberta Launches Campaign to Clear Backlog of Depleted, Inactive Wells

Alberta Launches Campaign to Clear Backlog of Depleted, Inactive Wells

The Alberta government launched a long-range campaign last week to make oil and gas companies pay for cleaning up a generations-old and growing backlog of 96,969 depleted and inactive wells. Energy Minister Sonya Savage announced a stiffened polluter-pay policy that requires producers to devise five-year cleanup plans and act on them under supervision by the…

August 3, 2020
Permian Gains Give Oomph to U.S. Drilling Permits in June, but Recovery to 2019 Levels Not in Sight

Permian Gains Give Oomph to U.S. Drilling Permits in June, but Recovery to 2019 Levels Not in Sight

Requests for U.S. drilling permits improved in June following a brutal April and May, with the Permian Basin still the top region for operators, according to Evercore ISI. The analyst firm each month compiles permitting statistics for the Lower 48 and offshore using federal and state data. Covid-19 and low commodity prices had crushed permit…

July 20, 2020
BC Faces Growing Backlog of Orphan Natural Gas Well Cleanups After Ranch Energy Failure

BC Faces Growing Backlog of Orphan Natural Gas Well Cleanups After Ranch Energy Failure

A two-year corporate bankruptcy case has resulted in a 110% jump in discarded orphan natural gas wells and production facilities awaiting cleanups, according to the British Columbia Oil and Gas Commission (BCOGC). A court-supervised distress auction in the province only sold 414 sites or one-half the BC assets of defunct Ranch Energy Corp. to Erikson…

June 30, 2020
Coronavirus, Commodity Price Crash Prompt North Dakota to Write Prescription for Idle Wells

Coronavirus, Commodity Price Crash Prompt North Dakota to Write Prescription for Idle Wells

The North Dakota Industrial Commission (IC) on Tuesday adopted remedies that may protect oil and gas producers during an expected spike in idle wells from the global economic slowdown.

March 25, 2020
California Energy Industry Counters Claims of Inability to Handle Idle Oil, Gas Wells

California Energy Industry Counters Claims of Inability to Handle Idle Oil, Gas Wells

Officials on Monday countered allegations in a report that California regulators and the oil and gas industry are not prepared to handle a backlog of idle wells tied to declining production.

February 11, 2020

CNX Reaches Settlement with Pennsylvania to Cover Well Plugging Liabilities

CNX Resources Corp. has reached a settlement with Pennsylvania regulators requiring the company to post a $1.48 million performance bond to ensure coverage for the costs of plugging 141 natural gas wells in the southwestern part of the state.

October 15, 2019
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