Permian Basin, the largest oil producing basin in the US, was the most affected play in the country during the COVID-19 pandemic times. However, production of crude oil and natural gas from this play is likely to exceed the pre-pandemic levels by 2022 amid market recovery from the pandemic, says GlobalData, a leading data and analytics company.
The ten finalists for the 2017 Shale Gas Innovation Contest have been chosen! Three winners will each walk away with $20,000 at the Sixth Annual Ben Franklin Shale Gas Innovation and Commercialization Center's FREE Finals' Event scheduled for May 9, 2017, in Southpointe, PA!
Vivakor Inc. announced today that it has entered a Letter of Intent (LOI) to acquire Oil Sands property in Vernal, UT that contains an estimated 44 million barrels of oil.
BNK Petroleum Inc. is providing an update on its Tishomingo Field, Caney shale oil operations in Oklahoma as well as its Polish shale gas project.
American Sands Energy Corp., an oil sands exploration and development company operating in Utah, is pleased to provide investors with an update on the permitting process for its Sunnyside Project.
Wolf Wiese, President of Super Nova Petroleum Corp., (the "Company" or "Super Nova" or "SNP") reports that an agreement has been reached with BNV Energy LLC (the "BNV") of Huston Texas to sell approximately 2964 acres of its wholly owned Milford East Land for US $66,700 in cash, $35,000 upon signing and $31,700 to be paid on July 16th, 2014.
Smithers Rapra to Host Webinar on the variety of challenges related to sealing in the oil and gas (O&G) industry.
Madalena Energy Inc. (the "Company" or "Madalena") is pleased to announce the results of a multi-rate production test for the CAN.xr-2(h) horizontal well which is the Company's first horizontal well to be drilled on its international assets:
Goodrich Petroleum Corporation today announced that its Huff 18-7H-1 (97% WI) well in Amite County, Mississippi was successfully fracture stimulated with 17 stages and had commenced flowback at expected fluid rates when the well became plugged up with frac-related debris at a frac plug approximately 500 feet into the lateral, which will need to be cleaned out prior to resuming flowback. Therefore, completion results are expected to be released after the first of the year as soon as flowback has resumed and peak rate achieved.
Research and Markets has announced the addition of the "Global Offshore Drilling Market 2013-2018" report to their offering.