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Oil Price Plunge Squeezing Onshore E&P Operators naturalgasintel.com
It's only a "matter of weeks" before onshore operators begin laying down rigs in some U.S. oilfields, one industry observer told NGI on Tuesday. Onshore exploration and production (E&P) companies also are seeking price relief from oilfield service operators, according to one energy analyst.
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Texas Adopts Quake-Minded Injection Well Rules naturalgasintel.com
The Railroad Commission of Texas (RRC) on Tuesday adopted rule changes that are intended to more closely regulate drilling waste disposal wells in areas of the state where there has been or could be heightened seismic activity.
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Independents Unite to Lobby for U.S. Crude Exports naturalgasintel.com
More than a dozen of the largest onshore independents, including ConocoPhillips, Anadarko Petroleum Corp., Encana Corp. and Chesapeake Energy Corp., have formed a pact to lobby for the right to export crude oil.
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Independent Eyes More Drilling in Northern California naturalgasintel.com
San Diego-based Royale Energy Inc., a small independent with some big plans for Alaska's North Slope shale plays, is launching a drilling program in the Sacramento Basin dry natural gas fields, following a successful well in Tehama County, 130 miles north of the state capital.
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Continental Sees 'Repeatability' in Springer Wells naturalgasintel.com
Continental Resources Inc.'s emerging Springer Shale in the South Central Oklahoma Oil Province is indicating continuing success, if recovery rates from four new wells are any indication.
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