Drilling:

Permian Fuels 17th Straight Weekly Rig Count Increase

The U.S. rig count increased for the 17th consecutive week, largely thanks to the booming Permian Basin, oilfield services firm Baker Hughes reported on Friday May 12. For the week, the number of active drilling…

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Oil Companies Promote Oklahoma Oil Fields

Oil and natural gas companies doing business in Oklahoma continued to praise the state’s premier fields this week, announcing stronger-than-expected well results and plans for more drilling over the next year. The announcements were made…

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Driller Sees Success Converting Vertical Wells to Horizontal

The oil patch version of teaching an old dog new tricks is resulting in success for one San Antonio-based oil company. “When we acquired Brushy Resources, it had some vertical wells,” said Avi Mirman, chief…

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Increased Drilling Activity Boosts Oklahoma Royalties

New drilling techniques and changing regulations can make already complicated mineral lease and payment processes even more challenging, mineral manager Patti West said Thursday. Speaking at the Oklahoma chapter of the National Association of Royalty…

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Eagle Ford Leads Weekly Rig Count Increase

The Eagle Ford Shale led continued growth in the U.S. drilling rig count for the week ended April 20, Baker Hughes reported. The overall count rose by ten for the week to 857, with the…

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New U.S. Drilling Permits Surged in March

New drilling permits issued across the United States climbed by almost 4,000 in March, the largest increase in 18 months, Evercore ISI said Tuesday. The number of newly issued U.S. drilling permits has increased steadily…

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