Oil & Gas 360º

APRIL 2, 2025

The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly after.

Operator 130

Operator Hydraulic Fracturing Spud-in Natural Gas 130

Oil Gas Leads

MAY 28, 2025

In a strategic move aligned with shifting commodity price dynamics, SM Energy is proactively reducing its rig count in the Permian Basin through 2025. SM Energys Drilling Trends: January 2023 to May 2025 Using public drilling data for SM Energy wells in Texas, we grouped spud activity by month from January 2023 onward. August 16 6.3

Spud-in 52

Spud-in Basin Energy Energy 52

Oil & Gas 360º

APRIL 10, 2025

We remain on track to spud the well this quarter and are looking forward to unlocking the significant potential of the Damara Fold Belt.” ” DRILLING PLANS UPDATE Pre-construction activities are continuing on schedule and the pre-drill evaluation is complete. Prospect I is noted as location 63 in the NSAI report. (1)

Exploration Well 130

Exploration Well Spud-in Petroleum Exploration and Production 130

Oil Gas Leads

MAY 19, 2025

Darren Woods, ExxonMobil Our U.S. shale portfolio is built for capital discipline. Mike Wirth, Chevron The Shale Decline Dilemma: You Stop, You Slide Even with advanced tech, decline curves dont disappear. Shale wells lose 3040% of their production in the first year. That means without continuous drilling, output falls off a cliff.

Basin 52

Basin Supply Chain Operator Oil 52