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Serving the E&P market with news, analysis and business opportunities.

PLS publishes news and analysis on the exploration and production (E&P) sector through its E&P module. The blue banner report covers new well discoveries, drilling activities, acreage sales, industry statistics (drilling results, activity permits and intents to drill) and technological updates.

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News Date
Activity picking up beyond Permian
The U.S. oil patch continued an upward swing in June with several companies chasing after opportunities in once lackluster regions. Of particular note were players in the Gulf of Mexico and out west...
Jun 14, 2018
People & Companies - June 14, 2018
Geoffrey King, VP and CFO of Abraxas Petroleum, resigned to pursue another opportunity in the financial sector. He has been CFO and VP since September 2012. The company stressed his resignation is...
Jun 14, 2018
Whiting outlines Bakken Tier 1 with 700 bo/d 30-day minimum
For years, Bakken operators have touted their “Tier 1” acreage in the play in earnings calls and corporate presentations, but the parameters that distinguish “Tier 1” from “Tier 2” have never been...
Jun 14, 2018
Comstock & QEP turning Haynesville wells on line
PLS’ Ark-La-Tex Scout reports Comstock and QEP registered 24-hour IPs for new wells. At Bethany-Longstreet Field in DeSoto Parish, Comstock’s Roberts 26-35 HC #2-Alt (9,018-ft lateral) tested 28.0...
Jun 14, 2018
Covey Park chalks up new Haynesville company record
Covey Park Energy continued its Haynesville winning streak by notching up a new best-ever well in the play. The Weyerhaeuser 14-11HC #2-Alt (9,330-ft lateral) at Bethany-Longstreet Field in DeSoto...
Jun 14, 2018
Two Goodrich Haynesville wells IP at average 27 MMcf/d
Goodrich Petroleum completed two more operated Haynesville wells in north Louisiana’s Red River Parish. PLS’ Ark-La-Tex Scout reports the Cason-Dickson 14-23 1H (8,000-ft lateral; 64 stages; 4,000...
Jun 14, 2018
Fracking bottlenecks could slow Bakken growth
Add North Dakota to the list of U.S. regions that are starting to see some difficulty in keeping up with the recent increase in oilfield activity. Currently, North Dakota has enough frack crews to...
Jun 14, 2018
Marathon on roll in H1 with string of record-breaking IPs
Marathon Oil achieved yet another Williston Basin record 24-hour IP. This time, the company’s Mark USA #11-1H (9,482-ft lateral; 45 stages; 15.1 MMlbs proppant) at Antelope Field in McKenzie County...
Jun 14, 2018
CNX puts Richhill acreage into full-field development
CNX Resources’ experience from its past work in Greene County, PA and Monroe County, OH will guide it as it moves to develop its Richhill acreage, also in Greene County. At Green Hill in...
Jun 14, 2018
Anadarko expands Keathley Canyon's Hadrian North plan
Regulators approved Anadarko’s development plan for its Hadrian North project in May. Anadarko proposes to bring the long-delayed field spanning Keathley Canyon blocks 875, 918 and 919 on stream via...
Jun 14, 2018

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