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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
BNK producing above type curve at Tishomingo Field
BNK Petroleum’s Glenn 16-2H (4,950-ft lateral) well in the SCOOP is exceeding expectations. The Tishomingo Field well was completed using the company’s latest completion design and flowed over...
Apr 12, 2018
Rattled markets no match for a confident US oil industry
While most world markets are rattled over growing trade-war concerns, U.S. oil operators continue investing, improving and enjoying success even in new plays. Over to our east, marathon, EOG and...
Apr 12, 2018
BOEM preps for 2019 Beaufort Sea sale
The Bureau of Ocean Energy Management has published a call for nominations for the Beaufort Sea planning area, which spans 11,876 whole and partial blocks covering 65 million acres. The potential is...
Apr 12, 2018
Oil Search takes over at Horseshoe, weighs options
Australia-based Oil Search is beefing up its presence in Alaska after closing on its $400 million farm-in deal with Armstrong Energy earlier this year. The agreement provided Oil Search entry into...
Apr 12, 2018
Covey’s best-ever Haynesville wells topping 33 MMcfe/d
PLS’ Ark-La-Tex Scout reported that Covey Park Energy recently completed its best Haynesville well in the company’s history over in Elm Grove in Bossier Parish. The Glasscock 33-4 HC #2-Alt (9,181-ft...
Apr 12, 2018
North Dakota oil production expected to reach record
North Dakota’s energy infrastructure is coming under renewed strain as hydrocarbon production continues to grow. North Dakota produced more than 1.17 MMbo/d in January, about 52,000 bo/d under the...
Apr 12, 2018
Cabot targeting 15% volume increase into 2018
Cabot Oil & Gas produced an estimated 1.82-1.87 Bcfe/d (2-3% liquids) in Q1 and is targeting 2018 full-year production growth of 10-15%. This growth is weighted toward H2 and will be driven by...
Apr 12, 2018
CNX sees proved reserves jump 21% YOY to 7.6 Tcfe
CNX Resources saw its proved reserves at YE17 estimated at 7.6 Tcfe (94% gas), up 21% from the previous year. The company added 1.89 Tcfe of proved reserves during 2017 through extensions and...
Apr 12, 2018
Eclipse boosts its Marcellus condensate type curve
Eclipse Resources is increasing its Marcellus condensate type curve by ~13% to 1.8 Bcfe per 1,000 ft based on initial results from two Marcellus wells drilled in January at existing Ohio Utica pads....
Apr 12, 2018
BP looks ahead to new hub as Mad Dog 2 progresses
BP walked away with the most new blocks in the recent Gulf sale 250, showing the supermajor remains committed to developing resources off the US. BP’s regional president for the Gulf of Mexico and...
Apr 12, 2018

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