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Executive Summary: Williston Basin Operator Activity (2023–2025) The Williston Basin remains a critical component of U.S. This report profiles 36 active operators —each of which has spud at least one new well since 2023 —providing a detailed look at production volumes, drilling activity, core acreage, and strategic focus.
(World Oil) – Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). The high-quality operator footprint enhances production visibility and long-term value creation.
Collectively they own mineral and royalty interests across the Permian Basin in west Texas and Eagle Ford in south Texas. The companys announcement said, This strategic transaction expands Elk Ranges footprint across premier oil and gas producing regions in Texas. Charlie Shufeldt, CEO, said Jan.
Detailed list of drilling rigs and Operators that spud wells in the Permian basin last 30 days. The post Permian Basin Rig Report appeared first on Oil Gas Leads. The report is updated weekly. Buy Now - Only $10 Primary Fields in the Report: Account Name The operator or company name (e.g., XTO Energy Inc.).
ExxonMobil has reached a major milestone: 1,000 horizontal wells drilled in the New Mexico portion of the Delaware Basin just seven years after the first spud in 2017. Oil & Gas Company Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
Here are the five biggest trends to watch: Permian Basin Account Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled…… 1. The combined 722,000 net acres in the Midland Basin is now one of the most enviable positions in U.S. Sustain profitability even in low-price environments.
(Oil & Gas 360) –HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. 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.
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
British Columbias upstream oil and gas sector has seen a surge in well permitting activity over the last few yearsbut drilling activity hasnt kept pace. Other notable operators include Pacific Canbriam Energy and ARC Resources , which also show significant gaps between licensing and spudding. The result? Whats Driving the Delay?
Elk said the assets in DJ Basin include a mix of current production, near-term activity through DUC wells (drilled but uncompleted) and long-term growth through undeveloped locations. These include assets being developed by Chevron and Civitas Resources, who collectively account for more than half of the wells spudded in 2024.
(Oil & Gas 360) CALGARY, AB , April 10, 2025 /CNW/ – Reconnaissance Energy Africa Ltd. We remain on track to spud the well this quarter and are looking forward to unlocking the significant potential of the Damara Fold Belt.” Prospect I is noted as location 63 in the NSAI report. (1)
Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. Shales Superpower Isnt Geology Its Consistency appeared first on Oil Gas Leads. Darren Woods, ExxonMobil Our U.S. shale portfolio is built for capital discipline. Shale is a treadmillyou stop, you slide.
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