article thumbnail

Supreme Court of Pennsylvania Weighs in on Hydraulic Fracturing and Subsurface Trespass

The Energy Law

In January of this year, the Supreme Court of Pennsylvania tackled an issue that has been confronted by few other courts—whether the rule of capture precludes a claim for subsurface trespass due to hydraulic fracturing. [1] Southwestern operated several wells on the leased tract, several of which were hydraulically fractured.

article thumbnail

ConocoPhillips announces Bill Bullock to retire after 39 years with the company

Oil & Gas 360º

Factors that could cause actual results or events to differ materially from what is presented include, but are not limited to, the following: effects of volatile commodity prices, including prolonged periods of low commodity prices, which may adversely impact our operating results and our ability to execute on our strategy and could result in recognition (..)

E&P 130
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

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 130
article thumbnail

Prairie Operating Co. begins completion of the Opal Coalbank Pad, acquired from Bayswater

Oil & Gas 360º

Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly thereafter and first production anticipated in early August. The program includes two-mile lateral wells alternating between the Niobrara A, B, and C Chalks and the Codell Sandstone.

article thumbnail

Flotek acquires innovative mobile power generation assets and secures multi-year lease providing $160 million revenue backlog and immediate earnings accretion

Oil & Gas 360º

For further information: Flotek Investor Contact: Mike Critelli, Director of Finance & Investor Relations, E: ir@flotekind.com; ProFrac Investor Contact: Michael Messina, Director of Finance, E: investors@pfholdingscorp.com ProFrac Holding Corp. SOURCE Flotek Industries, Inc.

article thumbnail

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

Transaction Highlights Transforms EOG into a leading Utica E&P The acquisition of Encinos 675,000 net core acres significantly increases EOGs Utica position to a combined 1,100,000 net acres, representing more than two billion barrels oil equivalent of undeveloped net resource.

article thumbnail

Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

The well was not hydraulically fractured during perforation or acidisation. This is due to the fact that the well was mostly drilled and completed in the Cane Creek B reservoir zone. The near wellbore area shows increased permeability that is most likely caused by the successful acid stimulation.

BCF 130