Newfield Exploration Company‘s STACK (Oklahoma’s Sooner Trend oilfield, Anadarko Basin, and Canadian and Kingfisher counties) well recently achieved record oil production, according to the company’s recently disclosed results. Newfield has also raised expectations for its Q1 2017 domestic production. The Burgess well (4,859-ft lateral length), located in Kingfisher County, Okla., and the heart of the company’s 300,000 net STACK acres, achieved a 24-hr flow rate of 2,931 bbl of oil equivalent per day (BOEPD) (69% oil) and a 20-day average rate of 2,492 BOEPD (70% oil). When compared against publicly available industry data, the Burgess achieved record 24-hr oil production per 1,000 ft of gross perforated interval (1,000 ft GPI), or 417 bbl of oil per 1,000 ft GPI. The well also had a record 20-day ...

The US onshore rig count climbed from 765 last week to 787 this week. This time last year, the US land rig count stood at 432. Of those 787 rigs, 652 are drilling for oil – up from 631 last week and 372 one year ago – while 155 are drilling for natural gas.

Marathon Oil Corporation announced the signing of a definitive agreement to acquire approximately 21,000 net surface acres largely in the Permian's Northern Delaware basin of New Mexico from Black Mountain Oil & Gas and other private sellers for $700 million in cash, excluding closing adjustments...

In a market where operators and drilling contractors alike are analyzing every nickel and dime in their operations, drill pipe manufacturers must ensure tubular technologies are providing the required performance at an accessible cost. “What we’re doing right now is helping companies to reduce their cost of ownership,” said Guillaume Plessis, Director of Global Marketing for Grant Prideco, a National Oilwell Varco (NOV) company. “We will still see optimization of the product, but we also want to make it a very affordable possibility.”

Scandrill hosted a visit by US Senator Ted Cruz at an XTO Energy drilling location in the Permian Basin on 20 February 2017. On location, Sen. Cruz observed the Scan Gold...

By Kelli Ainsworth, Editorial Coordinator Hydraulic fracturing, critical to the recovery of North American drilling activities, remains under threat in the US. Several states appear poised to ban hydraulic fracturing, including California and Maryland. Further, several legislation and legal actions are ongoing, including the US Bureau of Land Management (BLM) hydraulic fracturing rule that remains under appeal and a lawsuit in Oklahoma regarding fracturing and seismicity. At the same time, the general public remains very concerned about the effects of hydraulic fracturing – in terms of drinking water quality and induced seismicity, for example. Such concerns continue to drive the actions and decisions for many state agencies. “Perception affects what laws, regulations and bans go into place,” said Michael Gray, ...

Creating multiple clusters per frac stage using the plug-and-perf method has been a common completion method for many years. However, this method can leave something to be desired when it comes to efficient treatment of each cluster, Amit Singh, Well Stimulation Specialist at Chevron, said in a presentation at the 2017 SPE Hydraulic Fracturing Technology Conference on 25 January in The Woodlands, Texas.

Schlumberger is launching the Automated Stimulation Delivery Platform, focused on improving surface efficiency at the wellsite in order to make onshore unconventional wells more economic...

Nabors Industries and Weatherford International announced they have signed a non-binding Memorandum of Understanding (MOU) to form an alliance focused on delivering enhanced drilling solutions to the oil and gas land market in the lower 48 states of the United States.

Halliburton recently announced that two of its RapidStart Initiator CT (casing test) sleeves opened after 32 months downhole. That time period represents an industry record for the successful operation of a toe sleeve, according to the company. Murphy E&P needed to perform a true casing integrity test and had deployed the RapidStart Initiator CT frac sleeve system as an interventionless means of establishing a flow path at the toe of the well. Both sleeves opened successfully after 32 months downhole in two drilled but uncompleted (DUC) wells of more than 7,000 ft, with static bottomhole temperatures up to 215˚F. The sleeves were functional at a total pressure of 10,000 psi and provided a 30-min casing...