Completion, Energy and Spud-in

Williston Basin White Paper

Oil Gas Leads

JULY 8, 2025

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. Refracs & EOR Gaining Traction Operators are increasingly revisiting older wells with modern completions.

Basin

Basin Spud-in Natural Gas Operator

Top 5 Diamondback Energy Trends to Watch in Late 2025

Oil Gas Leads

JUNE 30, 2025

As Diamondback Energy heads into the second half of 2025, the company stands at the intersection of consolidation, capital discipline, and operational transformation. In Q2 2025, the company dropped three drilling rigs and one completion crew, shaving $400 million off its capital budget.

Consulting

Consulting Energy Energy Basin

ReconAfrica to accelerate drilling plan for Namibia exploration well

Oil & Gas 360º

MARCH 24, 2025

(World Oil) – Reconnaissance Energy Africa Ltd. To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set to be undertaken in the coming weeks. As a result of the progress to date, ReconAfrica has accelerated the spud date for Prospect I to Q2 2025.

Exploration Well

Exploration Well Spud-in Barrel Oil

Force Majeure Clause Fails to Protect Oil and Gas Lessee From Mistakenly-Scheduled Deadline

The Energy Law

MAY 5, 2023

In Point Energy Partners Permian, LLC v. The leases obligated MRC to spud a new well every 180 days after the spud date of the last well during the leases’ secondary terms to avoid having the non-developed portions of the leases terminate. MRC Permian Company , — S.W.3d 21-0461, 2023 WL 3028100 (Tex.

Spud-in

Spud-in Gas Oil Operator

SM Energy Slows the Drill Bit in 2025: What the Data Tells Us About Permian Rig Reductions

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.

Spud-in

Spud-in Basin Energy Energy

Prairie Operating Co. announces 11-well development at Rusch Pad

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

Operator Hydraulic Fracturing Spud-in Natural Gas

ReconAfrica provides drilling update on Prospect I

Oil & Gas 360º

APRIL 10, 2025

(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)

Exploration Well

Exploration Well Petroleum Spud-in Exploration and Production

Five Lessons Learned from Executing Shale Drilling Transactions

The Energy Law

AUGUST 10, 2017

In these transactions, the Drilling Party pays for or “carries” all or a substantial portion of the Lease Party’s share of the costs of drilling and completing one or more wells on the leases (“Earning Wells”). The Five Lessons 1. Take advantage of the geology.

Hydraulic Fracturing

Hydraulic Fracturing Completion Exploration and Production Spud-in

U.S. Shale’s Superpower Isn’t Geology — It’s Consistency

Oil Gas Leads

MAY 19, 2025

Ryan Lance, ConocoPhillips This isnt just about domestic energy security. Kaes Vant Hof, Diamondback Energy Sub-$40 Inventory: Americas Strategic Edge What sets the U.S. Mike Wirth This is strategicnot just for cash flow, but for energy diplomacy. Shale wells lose 3040% of their production in the first year.

Basin

Basin Supply Chain Operator Spud-in

FIFTH CIRCUIT BEGINS TO CLEAN UP ITS JURISPRUDENCE ON HOW TO DETERMINE WHETHER A CONTRACT IS (OR IS NOT) MARITIME

The Energy Law

JULY 20, 2018

and (2) Does the contract provide or do the parties expect that a vessel will play a substantial role in the completion of the contract? Recently, the court applied Doiron in the context of a contract to plug and abandon a series of offshore wells in Crescent Energy Services, L.L.C., Carrizo Oil & Gas, Inc. [3]

E&P

E&P IT Spud-in Exploration and Production

Louisiana Second Circuit Provides Guidance as to Good Faith Required When Conducting Operations Necessary to Interrupt Prescription of Mineral Servitude

The Energy Law

APRIL 30, 2020

A well was spud on March 28, 2006. He pointed to owners having a cement truck waiting to fill the well as soon as drilling was completed as objective evidence of such an intent. During this downturn in activity, mineral rights owners must remain cognizant of the maintenance activities necessary to preserve their mineral rights.

Operator

Operator Dry Hole Spud-in Abandonment

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

MARCH 30, 2017

In Petro-Chem Operating Co., Flat River Farms, L.L.C. , the Louisiana Second Circuit addressed issues affecting the creation and preservation of mineral servitudes and payment of court costs in a concursus action. [1] Flat River Farms, L.L.C. , 12] In its analysis, the Court first looked to the pertinent language of La.

Spud-in

Spud-in Operator IT E&A

Energy Aggregated

Williston Basin White Paper

Top 5 Diamondback Energy Trends to Watch in Late 2025

Trending Sources

ReconAfrica to accelerate drilling plan for Namibia exploration well

Force Majeure Clause Fails to Protect Oil and Gas Lessee From Mistakenly-Scheduled Deadline

SM Energy Slows the Drill Bit in 2025: What the Data Tells Us About Permian Rig Reductions

Prairie Operating Co. announces 11-well development at Rusch Pad

ReconAfrica provides drilling update on Prospect I

Five Lessons Learned from Executing Shale Drilling Transactions

U.S. Shale’s Superpower Isn’t Geology — It’s Consistency

FIFTH CIRCUIT BEGINS TO CLEAN UP ITS JURISPRUDENCE ON HOW TO DETERMINE WHETHER A CONTRACT IS (OR IS NOT) MARITIME

Louisiana Second Circuit Provides Guidance as to Good Faith Required When Conducting Operations Necessary to Interrupt Prescription of Mineral Servitude

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

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