Enverus RigData @RigData
Enverus is the leading data, analytics, and efficiency partner across the energy sector. rigdata.com Austin, TX Joined November 2009-
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US #rigcount for week ending January 15, 2020 is 840, up 5 from last week. YoY is down 269. All the major basins saw increases except for Denver-Julesburg which dropped only 1. Get the full free report: ow.ly/KNtG50xXdk3
Just released: #USLandWellCount. New wells drilled during 2019 tracked similarly w/both crude and natural gas prices. In first half 2019, we saw an uptick in the number of new wells drilled that then tapered during the back half of 2019. Get the report: ow.ly/1Ll950xWaWi
CNOOC announced its business strategy and development plan for the year 2020. It includes plans to drill 227 exloration wells and collect 27 thousand square kilometers 3-D seismic data. See the story as reported in Enverus Gulf of Mexico Activity Report: ow.ly/JqF750xV8vP
In Fayette County, Texas, Ramtex Energy completed an Austin Chalk producer in Giddings field. As reported in #Enverus South Texas Scout, the well was completed with a 5,459- ft effective lateral that was fracked using 13.3 MMlb of sand. See more: ow.ly/IQrx50xTVWB
US #rigcount for week ending January 8, 2020 is 835, down 1 from last week. YoY is down 286. The Permian, DJ and Eagle Ford basins all saw increases. The Anadarko, Appalachian, and Haynesville dipped. Get the full free report: ow.ly/XBp850xRB7Z
Enverus Senior Analyst, Trey Cowan, takes a look at the futures market for crude oil and how the growth in domestic supply has outpaced both the takeaway infrastructure and the demand of the market itself. Read the full analysis: ow.ly/30my50xQfdw
US #rigcount for week ending December 25, 2019 is 840, down 20 from last week. YoY is down 298. The Permian and DJ basins both saw decreases. The Eagle Ford, Appalachian, Williston and Anadarko all experienced increases. Get the full free report: ow.ly/8IQU50xIMOu
For a second week in a row the US #rigcount is up. Week ending December 18, 2019 the count is 860. That is an increase of 5 rigs from last week (and up 20 from December 11th). Year over year is down 306. Get the complete free report: ow.ly/roEF50xEwPc
#Devon Energy Q4 #PowderRiverBasin activity sees horizontals targeting the Teapot & Turner formations in Converse county, WY. One Teapot producer delivered Devon’s top rate in the formation to date, and in Turner, has lowered costs more than $1MM vs 2018. ow.ly/5sD950xDwd2
The 2020 Henry Hub calendar strip has fallen from an average of $2.76 per mmBtu, when measured nearly one year ago, to $2.29 per mmBtu at its most recent settlement reading. Why? Enverus Sr. Analyst Trey Cowan breaks it down: ow.ly/fTkZ50xBhHV
US #rigcount for week ending December 11, 2019 is 855, up 15 from last week. Year over year is down 308. Appalachian, DJ, and Permian all saw an increase. Get the full free report: ow.ly/tnM450xyDl1
Top stories this week: 1) Magnolia Oil & Gas plans to complete three more wells in Giddings field in Q4 2) A look ahead at oil and gas indicators for 2020 3) Conoco's Permian plans to reach 400,000 BOE/day Read the complete analysis: ow.ly/g9dH50xwuPT
Top stories this week: 1) Magnolia Oil & Gas plans to complete three more wells in Giddings field in Q4 2) A look ahead at oil and gas indicators for 2020 3) Conoco's Permian plans to reach 400,000 BOE/day Read the complete analysis: ow.ly/Zltn50xwtVG
ConocoPhillips is taking a very methodical approach to its Permian development and still assessing well spacing and stacking. The company is running two to three rigs in the Delaware but will eventually have 10 Permian rigs active. Full report: ow.ly/F7eF50xtJUn
RigData is now @EnverusEnergy Drillinginfo! We are excited to announce we will be launching our new segment-specific social pages. RigData will not go away. We are just consolidating under one umbrella. Keep an eye on our Enverus social pages for that announcement!
US #rigcount for week ending December 4, 2019 is 840, down 15 from last week. Year over year is down 330. In the major basins the Permian dropped by 6, and the Williston is up 1. Get the full report free: ow.ly/aR5C50xsOgj
Widely accepted forecast of energy use concludes that O&G will remain the predominant forms of energy for the foreseeable future. Yet the industry is often described in terms of being a “sunset” industry . . . See Bob William's full report: ow.ly/DGJE50xqHrV
Q3 earnings released by Marathon Oil revealed the company’s resource capture strategy in the US onshore sector. This included a bolt-on acreage in the Eagle Ford, a new oil play in the southern Delaware Basin and an exploration JV. Read the full story: ow.ly/pC2P50xjZpu
US #rigcount for week ending November 20, 2019 is 870, up 1. Year over year is down 325. Anadarko and Eagle Ford both saw increases of 4 and 6 rigs, respectively. Get the full report free: ow.ly/rVqy50xhoyk
Latest #rigcount analysis: Nearly two-thirds of the rig count drop over the past 12 months was due to privately held companies idling their rigs. During this period, a net 29% of private operators . . . See full report here including trend analysis: ow.ly/LwUD50xdMMf
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