Oilfield Technology
JULY 23, 2025
The well is also designed to encounter three additional exploration horizons (Prince Creek, SMD-C and the Slope Fan System), none of which have any resource estimate attributed to them at the present time, but offer additional upside potential if successful. Please sign in or register for free. Already a member?
Rigzone
JULY 17, 2025
Cascadura-5 Well Drilling Earlier in the month, Touchstone said it spud the Cascadura-5 (Cas-5) development well, located on the Ortoire block in the country. Image by Galina Atroshchenko via iStock Calgary, Alberta-based Touchstone Exploration Inc. The production consisted of approximately 16.74
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Oil & Gas 360º
MARCH 24, 2025
The newly acquired assets are actively being developed by leading operators, including Chevron and Civitas, who collectively account for more than half the wells spud in 2024. The high-quality operator footprint enhances production visibility and long-term value creation. billion in capital since its launch in 2020.
Oil & Gas 360º
APRIL 2, 2025
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. All statements, other than statements of present or historical fact included herein, are forward-looking statements.
Permian Basin Oil and Gas Magazine
APRIL 1, 2025
These include assets being developed by Chevron and Civitas Resources, who collectively account for more than half of the wells spudded in 2024. Charlie Shufeldt, CEO, said March 21, The DJ Basin presents some of the best operator economics in the U.S., Elk has deployed more than $1.2
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. For service providers, this presents a massive forward-looking opportunity. The result? A growing backlog of approved well licenses that have yet to be turned into producing wells.
The Energy Law
APRIL 30, 2020
A well was spud on March 28, 2006. 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. Cannisnia Plantation, LLC v. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006.
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