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Tamboran Posts Record Completion Results in Australian Beetaloo Basin

Rigzone: News

Tamboran achieved record completion results in the Beetaloo Sub-Basin onshore Australia's Northern Territory after stimulating the Shenandoah South 2H sidetrack well.

Basin 52
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Coterra Completes $3.9 Billion Permian Acquisitions

Rigzone: News

Coterra completed the purchase of additional stakes in the U.S. Permian Basin from Avant Natural Resources and Franklin Mountain Energy for a combined price of about $3.9

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

The Permian Basin continues to be a driving force behind U.S. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. oil and gas production, and ONEOK Inc. Bcf/d in 2025.

Basin 52
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Ovintiv Completes $2 Billion Sale of Assets Onshore Utah

Rigzone: News

Ovintiv completed the divestment of substantially all its assets in the onshore Uinta Basin to FourPoint Resources.

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Africa Oil Raises Stake in Orange Basin Block to 18 Percent

Rigzone: News

Africa Oil increased its stake in Block 3B/4B on the South African side of the Orange Basin to 18 percent from 17 percent after completing a transaction with fellow Canadian company Eco.

Basin 52
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LandBridge Completes Delaware Basin Acquisition from VTX Energy

Rigzone: News

The Wolf Bone Ranch 'strategically expands LandBridge's position in Reeves and Pecos Counties, Texas, an important region for both oil and natural gas production, and provides access to the Waha Gas market hub'.

Basin 52
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When Numbers Lie: What Permian Basin Spacing Trends Don’t Tell Us About Well Performance

Novi

What about varying completions alongside spacing? Examining the relationship between oil production and proppant , we see both the Delaware Basin (Figure 1) and Midland Basin (Figure 2) showing a production increase with proppant intensity. Figure 3: Spacing and production in the Delaware Basin. How dense is too dense?

Basin 52