article thumbnail

SEC 5-Year Drilling Window – Fact, Fiction and Gray Areas

CG&A

Moving an expired 5 BCF PUD 100 feet to a new location, and disguising it with a new well name, is a violation. Even if a new field study causes you to revise reserves and/or well density for numerous drills in a development region, the original reserves volume and timing rule the day.

article thumbnail

Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

Bcf/d of takeaway capacity. Bcf/d , reflecting the impact of expanded takeaway capacity and rising demand for LNG exports. While the region's mature fields are declining, new projects are helping stabilize production and extend the Gulfs viability as a key energy source. 2025 Forecast Projected Crude Oil Output: 6.6

Basin 40