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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
Total lines up stakes in GOM prospects
Total is expanding its footprint in the Gulf of Mexico in a deal with Chevron. The company signed an agreement covering 16 blocks with seven prospects in the Wilcox and Norphlet near the Appomattox...
Oct 17, 2017
Researchers get $50MM to investigate BP oil spill impact
A BP-funded initiative to study the effects of the Deepwater Horizon incident on the Gulf of Mexico ecosystem will award 31 grants totaling $50 million. The Gulf of Mexico Research Initiative, or...
Oct 16, 2017
Linn & Citizen forms Anadarko Basin-focused E&P
Linn Energy and Citizen Energy have officially formed Roan Resources. The company will focus on development of the Merge/SCOOP/STACK in the Anadarko Basin. It has 140,000 net acres, with Linn and...
Oct 16, 2017
Governor says Oklahoma lateral law prompts investment
An Oklahoma law that lets operators drill extended laterals into non-shale formations has prompted new investments in the western Anadarko Basin, according to an industry official and the state’s...
Oct 16, 2017
Ultra adds rigs to boost Pinedale production
Ultra Petroleum added four rigs to its Pinedale acreage over the past two months, bringing the total number of operated rigs there to eight. As a result, from the beginning of Q3 to Sept. 15 the...
Oct 16, 2017
New Pinedale completions to be accretive to Pinedale Energy
At the end of July Oak Ridge Natural Resources affiliate Pinedale Energy Partners agreed to buy all of QEP Resources’ Pinedale Anticline field assets for $740 million. The deal is expected to close...
Oct 16, 2017
Icewine-2 suspended
On ADL 392301 of the North Slope, 88 Energy (77.5%) and Burgundy Xploration (22.5%) flow tested the Icewine-2 well from Aug. 31-Sept. 18 after a pressure build up period. The JV having assessed the...
Oct 16, 2017
California Resources to spud appraisal on California gas discovery
California Resources will soon spud an appraisal well on the Tulainyo discovery in the Sacramento Basin onshore California. The discovery was made in 2015 and was thought to hold 6 Tcf...
Oct 16, 2017
Devon recovers from Harvey
Devon Energy said its producing assets and facilities sustained “minimal damage” from Hurricane Harvey and had returned to pre-storm production levels. The company reported production of 63,000 boe/d...
Oct 16, 2017
EnerVest evaluates Austin Chalk potential in Karnes County
At YE16 Enervest began exploring the potential of the Austin Chalk in Sugarkane field of Karnes County. To date, the company has completed six wells in the formation with IPs averaging 1,193 boe/d...
Oct 16, 2017

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