Topic: Lea County NM

New Well Highlights from Bone Spring, Haynesville, & Eagle Ford

EOG Resources fracs Bone Spring well in Permian (2018-10-13) EOG Resources completed an extended-lateral well in Lea County, New Mexico.The Dragon 36 State #302H flowed 11,180 bbl of oil and 1,638 MMcf of gas, producing x monthly boe. It was drilled to a vertical depth of 10,257 ft with a measured depth of 15,200 ft. EOG Resources reported flowing tubing pressures of 411 PSI, a 1 inch choke size and a gas-oil ratio of 147 Mcf/bbl. Sabine Oil and Gas Completes 2-mile...

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Devon Energy Will Utilize 15 to 20 rigs in 2017 with STACK and Delaware Focus

Devon Energy (NYSE: DVN) released its preliminary 2017 outlook in December expressed the possibility of getting to 15 to 20 rigs in their drilling program with a focus in the STACK and Delaware basins. Devon will also focus on reducing their drilled but uncompleted count in the Eagle Ford down to about 40 in the first half of the year. The company is forecasting double digit U.S. oil growth with about a third of production hedged in 2017.Source: Devon Energy...

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Permian: Midland & Crockett are Top Counties for Drilling Permits

The week of July 17th drilling permit activity was down -34%, with 65 permits issued. The top counties were Midland and Crockett. Both counties had 0 permits issued the week prior. Rig activity in the Permian showed positive signs, with rigs increasing +3 this week.The chart below shows the decline in activity this year compared to the same week at this time last year, which had 235 permits during the week. Core Permian Counties The top 5 permitting counties from last week (2015-07-10), which include Reeves, Lea,...

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