Basin Drilling rig Exploration and Production 
Oil & Gas 360º
APRIL 15, 2025
(Oil & Gas 360) ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDCs syndicated revolving credit facility led by Citibank, N.A. The position includes a substantial proved producing component and multi-year drilling inventory to supplement the firms existing footprint in the area. oil and gas properties.
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.
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Rextag
JUNE 2, 2025
A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. Although the pace of growth is clearly slowing, the basin still offers significant upside potential.
Oil Gas Leads
MARCH 15, 2025
Cactus Drilling remains one of the most active drilling contractors in the U.S., playing a crucial role in oil and gas development across key basins. As of this year, a total of 120 wells have been drilled by Cactus rigs, demonstrating strong industry demand and continued investment in drilling operations.
Aresco
OCTOBER 25, 2023
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. What is oil and gas upstream midstream downstream?
Oil Gas Leads
APRIL 29, 2025
Three key themes emerged from the update: major exploration success in the Gulf of Mexico, oil price commentary, and a demonstration of financial resilience. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. billion (up from $1.2 billion, impacted by a $3.4
Oil Gas Leads
MARCH 11, 2025
Accurate Daily Drilling Reports (DDR) are essential for optimizing drilling operations, tracking costs, and ensuring project efficiency. In this blog, well explore the most common pitfalls in DDR reporting and how companies can improve their data collection and cost tracking.
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