Oil Gas Leads
JULY 15, 2025
Block-Level Development Strategy in the Midland Basin APA is applying a focused, block-by-block development model: High activity zones include Blocks 40T4S, 41T4S, 40T3S, and Block Y , with dozens of permits, spuds, and completions. Development timelines are accelerating, with some blocks showing <14-day spud cycles.
Oil Gas Leads
JUNE 30, 2025
Key integration wins : Lowered corporate breakeven to $37/bbl 2–3% well cost savings via procurement efficiencies 7-day average spud-to-TD times on 13,000’ laterals The strategic goal? Capital Discipline in a Volatile Market Diamondback is putting efficiency ahead of expansion. Sustain profitability even in low-price environments.
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Oil Gas Leads
MARCH 31, 2025
Other notable operators include Pacific Canbriam Energy and ARC Resources , which also show significant gaps between licensing and spudding. Uncertainty around emissions regulations and Indigenous consultations can also delay project timelines. The result? Whats Driving the Delay?
The Energy Law
APRIL 30, 2020
A well was spud on March 28, 2006. Moreover, prior to drilling the March 2006 well, the mineral servitude owner consulted with multiple professionals. While the long-term fallout from the recent decline in oil prices and the COVID-19 pandemic remains unclear, it is clear that drilling activity has already started to decline.
The Energy Law
AUGUST 10, 2017
If this approach is utilized, the parties should consult their tax advisors as to whether a tax partnership agreement should be included in the transaction documents to avoid possible unforeseen tax consequences on the earning of such additional formations. The Five Lessons 1. Take advantage of the geology.
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