Oil & Gas 360º

APRIL 7, 2025

RRC figures show 1,072 new drills recorded during March (up 27.5%), including 818 oil wells, 246 gas wells and eight dry holes. This compares to 841 total new drills in February, including 682 oil wells, 142 gas wells and 17 dry holes. Compared to March 2024, last months activity was 20.3% in March 2024.

Dry Hole 130

Dry Hole Basin Oil Gas 130

Aresco

APRIL 23, 2025

In the high-stakes world of oil and gas exploration, every decision carries weight. But today, the game has changed with the use of AI in oil and gas exploration. In this blog, we explore numerous ways that AI is transforming oil and gas exploration and positioning the industry for a more efficient and profitable future.

Exploration and Production 104

Exploration and Production Gas Oil Dry Hole 104

The Energy Law

APRIL 30, 2020

The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006. At trial, the mineral servitude owner testified that in 2005, the Cotton Valley drilling activity was ramping up and other operators near the servitude successfully drilled gas wells. A well was spud on March 28, 2006. 1] 53,252 (La.

Operator 40

Operator Dry Hole Spud-in Abandonment 40

Aresco

DECEMBER 17, 2024

For accredited investors, direct investment in crude oil and natural gas exploration provides an opportunity to diversify their portfolios and potentially tap into lucrative returns, as well as enjoy some significant tax benefits. What Are Direct Oil and Gas Exploration Investments? Who Qualifies as an Accredited Investor?

Crude Oil 52

Crude Oil Exploration and Production Oil Dry Hole 52