Thursday, March 24, 2011

Horizontal Drilling and Hydraulic Fracturing Video

This video comes from API's website.  Very good generalization of the process for anyone wanting to understand the procedure.
Horizontal drilling and Hydraulic fracturing - API

New Oil and Gas Operators add

I just finished adding some more names to the producer/operator list.  I still have several more to research and add so please check often if you are looking of a specific company.  Better yet leave me a comment if there is a company you have been looking for, maybe I can help.

Maersk to restart US Gulf drillbit

Anchors are pulled and the rig is on the move for Exxon, read below:
Maersk to restart US Gulf drillbit - Upstream Online

PDC adds it's name to the companies drilling the Niobrara

PDC Energy expects to make is appearance in the Niobrara this year.  PDC reports that it intends to drill 10 wells in the formation were others are holding tight to acreage.  PDC is joining Chesapeake Energy, EOG Resources, Noble Energy, and Anadarko Petroleum in the list of companies with exposure in the Niobrara, Wattenberg Core.
For a full report please see the following link:
PDC plans Niobrara well push - Upstream Online

Asop well may be source of slick on LA coast line

Asop well may be source of slick - Upstream Online

Clayton Williams expands in Delaware basin, TX

Clayton Williams expands in Delaware basin - Upstream Online

Rex strikes out in Niobrara (BJB 34-14H)

Rex strikes out in Niobrara - Upstream Online

Chesapeake ordered to stop work

Chesapeake ordered to stop work - Upstream Online

Tuesday, March 22, 2011

Anadarko in $575.5m Colorado BP plant buy

Anadarko has agreed to pay BP $575.5m for the 93% interest in the Wattenberg processing plant that it doesn't already own. 
The following link has the whole article from Upstream Online:
Anadarko in $575.5m BP plant buy - Upstream Online

Newfield Exploration acquires new assets in Uinta Basin

Newfield announced yesterday that they have signed two separate purchase agreements for a total of 70,000 net acres in the Uinta Basin.  The mostly undeveloped acreage will border Newfields current acreage -Monument Butte.  The transaction is expected to be finished in the second quarter 2011.  A full report from Energy Pedia along with a map of the area can be found at the following link:
US: Newfield Exploration acquires Uinta Basin assets from Harvest Natural Resources

Shell wins OK for new Auger wells (deep water exploration)

Shell's submission of the exploration plan has fulfilled the new environmental standards post Macondo oil spill. Shell will however still needs to obtain drilling permits for the actual exploratory wells.
Full report from Upstream Online can be read at:
Shell wins OK for new Auger wells - Upstream Online

Continental Reources Accelerates Growth with help from Bakken Shale

Continental Resources (CLR) announced yesterday that they will move their headquarters to Oklahoma City in the second half of 2012.  This movement will facilitate the growth plan for CLR set last year.  As their operation grows (estimates of 35 to37 percent) they have plans to add an additional office in the Rocky Mountain region.

A full news release from Continental Resources can be found at:
Continental Resources Move to Oklahoma City

Mountainview Energy snaps up acreage in the Montana Bakken

Mountainview Energy has acquired a 12.5% working interest n 160 net acres of the Williston Basin.  Mountainview also announced its participation with G3 Operating in drilling the Olson 1-21-16H. For further details please see the link below:
Mountainview Energy snaps up acreage - Upstream Online

Samson Oil and Gas - Rodney #1-14 H

Samson Oil and Gas has moved forward on their 16 stage plan to fracture stimulate the Rodney#1-14.  Due to some mechanical issues they report to be on stage 15. (1700 hours March 21st)  Samson also reports the spud date for the Everett #2-15 has been moved up to March 28th.