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Texas new drills jump 27% higher in March over February, tie January’s level

Oil & Gas 360º

RRC figures show 1,072 new drills recorded during March (up 27.5%), including 818 oil wells, 246 gas wells and eight dry holes. This compares to 841 total new drills in February, including 682 oil wells, 142 gas wells and 17 dry holes. The three Permian basin districts7C, 8 and 8Acomprised 67.3%

Dry Hole 130
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AI in Oil and Gas Exploration

Aresco

In the high-stakes world of oil and gas exploration, every decision carries weight. But today, the game has changed with the use of AI in oil and gas exploration. In this blog, we explore numerous ways that AI is transforming oil and gas exploration and positioning the industry for a more efficient and profitable future.