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Texas new drills jump 27% higher in March over February, tie January’s level

Oil & Gas 360º

(World Oil) –The Railroad Commission of Texas on Friday released its figures for March drilling in the state, showing a noticeable gain over the previous months number. RRC figures show 1,072 new drills recorded during March (up 27.5%), including 818 oil wells, 246 gas wells and eight dry holes. in February, 72.4%

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AI in Oil and Gas Exploration

Aresco

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.

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

The Energy Law

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 well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006. Cannisnia Plantation, LLC v. 1] 53,252 (La.

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Crude Oil Investing: A Guide for Accredited Investors

Aresco

Crude oil is one of the most vital commodities in the world, powering industries, transportation, and economies globally. What Are Direct Oil and Gas Exploration Investments? Crude Oil Investing Opportunities – Click image to request more info. Who Qualifies as an Accredited Investor?