Remove Drilling rig Remove E&P Remove Operator
article thumbnail

U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility

Oil & Gas 360º

This transaction greatly enhances the overall quality and resilience of our portfolio, supplementing our reserves with additional proved producing assets, adding years of multi-bench drilling inventory, and expanding our operated economies of scale, said Jordan Jayson, CEO and chairman of USEDC. oil and gas properties.

E&P 189
article thumbnail

Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

Anadarko Basin operations are primarily in Oklahoma (SCOOP/STACK plays), with some assets extending into southern Kansas and the Texas Panhandle in the case of Mach. Ovintiv (OVV) – Oklahoma (Anadarko Basin) Operations Ovintiv (formerly Encana/Newfield) holds significant acreage in Oklahoma’s STACK/SCOOP (Anadarko Basin).

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Oil & Gas 360º

(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.

Operator 130
article thumbnail

Texas Court of Appeals Rules on Permission Needed for Off-Lease Horizontal Drilling

The Energy Law

Anadarko E&P Onshore, No. The Agreement allowed Anadarko to place a drilling rig on the surface and to drill through the earth to form wells that open and bottom in the CWMA. This decision has a significant impact on the practice of horizontal well drilling. 04-14-00903-CV , 2014 Tex. Lexis 8673 (Aug.

E&P 40
article thumbnail

Drillers in Canada shift to natural gas as trade war drives down oil prices

Oil & Gas 360º

during that time as the countrys first liquefied natural gas export plant prepares to start operation later this year on the British Columbia coast. as well, where Precision Drilling Corp. a drilling rig contractor operating in Canada, the U.S. The trend may be playing out in the U.S.

article thumbnail

Liberty CEO Gusek sees modest impact of steel tariffs on oilfield services

Oil & Gas 360º

One executive quoted in the Dallas Fed survey said the Trump administrations tariffs had raised costs for casing and tubing by 25% immediately, warning the knock-on effects will force producers to drop drilling rigs and decrease employment. Reporting by Shariq Khan in New York; editing by Diane Craft)

E&P 130
article thumbnail

EIA sees U.S. oil output slipping slightly during 2026

Oil & Gas 360º

With fewer active drilling rigs, U.S. operators will drill and complete fewer wells through 2026, the EIA estimated. Already, the number of rigs drilling for crude in the U.S. saying production has already peaked. shale production will be about 11.09

Oil 130