Remove Completion Remove Drilling rig Remove Royalty
article thumbnail

Eagle Ford in Retreat: EIA Forecast Signals Slowdown in 2026

Oil Gas Leads

The report underscores a clear pivot: natural gas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators. Gas Forecast One of the most significant adjustments in the June forecast was a 700 MMcf/d reduction in the EIA’s 2026 U.S.

Basin 52
article thumbnail

Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

Updated Guidance and Long-Range Plan Upon completion of the Montney dispositions, Strathcona will be a pure-play heavy oil company producing approximately 120 Mbbls / d (100% oil, 95 Mbbls / d thermal, 25 Mbbls / d conventional) with a 50-year 2P reserve life index and positive net cash (including marketable securities).

BBL 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

THE SIZE OF THE PRIZE HINGES ON THE CURRENT DRILL PROGRAM NEXMETALS MINING CORP NEXM-TSXV

Oil and Gas Investments

So the government needs all the employment, taxes and royalties from this asset. The government has a 3% royalty on the Selebi Mine—they are vested in a re-start as quickly as possible! Drill core samples (47.75mm NQ) are cut in half by a diamond saw on site. Drill core samples (HQ: 63.5

article thumbnail

Louisiana Second Circuit Addresses: (1) Creation of Mineral Servitudes Via Notarial Acts of Correction; (2) Obstacles Suspending the Prescription of Nonuse from Running Against Mineral Servitudes; and (3) Payment of Court Costs in Concursus Actions

The Energy Law

25] In addition, the operator was unable to move a drilling rig onto the wellsite due to weather in February 2004, and as a result, the operator had to pay standby time for the rig. [26] Here, it is clear from the language of the statute that a notarial affidavit of correction may correct only a “clerical error.” However, art.

Spud-in 40