ExxonMobil and Chevron each foresee a bit lower respective Permian Basin production profiles for 2022 than earlier stated, although both are still running high volumes of several hundred thousand barrels a day apiece of oil […]
Source: Graph by the U.S. Energy Information Administration, based on data from Evaluate Energy In response to higher crude oil prices, financial results for 42 U.S. exploration and production (E&P) companies showed large increases in both […]
The number of Drilled but Uncompleted Wells sank to its lowest level ever recorded, according to the Energy Information’s latest Drilling Productivity Report published on Monday. The number of Drilled but Uncompleted Wells—also known as […]
Permian rigs up 12 to recent record of 284 Highest level for the play since mid-April 2020 SCOOP-STACK returns to pre-pandemic level The US oil and gas rig count jumped 11 to 683 in the […]
The energy crisis is a tragedy for the consumers as many are facing paying 50% more for heating their homes this winter. This morning on Bloomberg Francisco Blanch, BOFA Global Research, commented that Europe, and […]
Source: U.S. Energy Information Administration, Drilling Productivity Report Based on our latest Drilling Productivity Report (DPR), 5,957 drilled but uncompleted wells (DUCs) were in the United States in all DPR regions in July 2021, the lowest for any month […]
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