Oil Gas Leads

MAY 28, 2025

SM Energys Drilling Trends: January 2023 to May 2025 Using public drilling data for SM Energy wells in Texas, we grouped spud activity by month from January 2023 onward. SM Energy has parked two of its most active rigs : Rig Contractor Total Wells Avg Days Between Spuds Last Activity Rig 43 Latshaw 23 wells 16.5 wells by months end.

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Spud-in Basin Energy Energy 52

Oil Gas Leads

APRIL 28, 2025

ExxonMobil has reached a major milestone: 1,000 horizontal wells drilled in the New Mexico portion of the Delaware Basin just seven years after the first spud in 2017. Longer Laterals : Successful four-mile laterals at Poker Lake , reducing surface land disturbance and operational footprint.

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Basin Spud-in Operator Oil 52

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. British Columbias upstream oil and gas sector has seen a surge in well permitting activity over the last few yearsbut drilling activity hasnt kept pace. The result? Whats Driving the Delay?

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Gas Oil Basin Spud-in 52

Oil Gas Leads

MAY 19, 2025

Key Metrics Value Implication Permian Base Decline 3040% annually Constant drilling needed Well Productivity Plateauing New wells Stability DUC Inventory Shrinking No cushion left Permian Output (20252029) +67 Bcf/d forecast Midstream banks on it Even modest slowdowns have a compound impact. Darren Woods, ExxonMobil Our U.S.

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Basin Supply Chain Operator Spud-in 52