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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
Supermajors take the lead in a more competitive Permian
Early horizontal development of the Permian was dominated by large and mid-sized independent E&P companies, following a similar pattern to other shale plays across the US. But as the industry moves...
Nov 30, 2018
Chevron starts up Big Foot eight years after sanction
Oil and gas production has begun from Chevron’s long-delayed Big Foot development in the deepwater Gulf of Mexico, which was discovered in 2006 and sanctioned in 2010. The project employs a...
Nov 30, 2018
SilverBow hikes capex 18% on faster drilling, bigger fracs
Driven by compressed drilling cycle times, the testing of high-intensity frac designs and the drilling of higher working-interest wells, SilverBow Resources increased its 2018 capex 18% at midpoint...
Nov 30, 2018
EP’s first NE Utah horizontal its most productive well ever
Applying a new completion design, EP Energy achieved the most productive well in its history with the first horizontal well in its Northeastern Utah or NEU project area, as the company has renamed...
Nov 30, 2018
Chaparral touts strong results from Merge Miss spacing test
The first partial-section spacing test drilled by Chaparral Energy in the Merge play has outperformed the company’s expectations. The three-well Denali pad in Canadian County, Oklahoma, targeted two...
Nov 30, 2018
Roan tops industry Merge rates by 23% on improved targeting
In its first quarterly earnings release as a standalone company independent from former parent Linn Energy, Midcontinent pure-play Roan Resources reported a 30% sequential and 100% YOY production...
Nov 30, 2018
EOG Resources confirms 660-ft optimal spacing in Woodford
EOG Resources credits its culture of innovation and data-driven decision making for the success of its core Eagle Ford and Permian drilling programs, and the company says it is applying the same...
Nov 30, 2018
Callon’s six-well ‘mega-pads’ off to a strong start
With its first six-well “mega-pad” in the Midland Basin significantly outperforming offsets, Callon Petroleum placed a second mega-pad on production in October and is seeing similar early results....
Nov 30, 2018
Centennial drills standout wells across multiple intervals
Delaware Basin driller Centennial Resource Development increased production 9% sequentially to 62,930 boe/d (57% oil, 20% NGLs) in Q3, driven by some of its strongest wells to date. It counts the...
Nov 30, 2018
Parsley fracking lateral footage faster than ever
Continuing its YTD focus on compressed cycle times, Parsley Energy achieved a company record of more than 420,000 completed lateral ft in Q3, placing 46 horizontal wells online with completed...
Nov 30, 2018

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