RevoChem analyzes geochemical fingerprints in oil and rock formations. We data-mine the unique geochemical fingerprints to provide fast, accurate, and cost-effective reservoir diagnostics and monitoring services. “Traditionally, the geochemistry…
Tag: Bakken
The Bakken accounted for 40% – 50% of nationwide horizontal re-frac activity
The horizontal re-frac market within the US onshore scene has boomed in recent years, with the number of horizontal re-frac jobs increasing every year over…
At $65 WTI Continental Resources Sees 20 Years Of 100% Returns
The Company currently has 8 rigs drilling in the Bakken, up 2 rigs from last quarter
ConocoPhillips shale output to grow 25% in 2019, CEO says, even as oil slides
ConocoPhillips (NYSE:COP) expects its shale production to increase 25% next year even as crude oil prices tumble, proving the industry’s resilience in volatile markets, CEO Ryan Lance tells Bloomberg.
U.S. Is Now A Net Oil Exporter After 75 Years
The U.S. has become the world’s top fuel supplier. 📰
EOG Will Boosts Spending, Oil Production Guidance After Record Quarter
EOG Resources Inc. is increasing its 2018 exploration and development expenditure forecast and raising its target for full-year crude oil production growth after posting record volumes during the third quarter, management said.
The US Is on the Threshold of the Biggest Oil and Gas Boom Ever
By 2025, the growth in American oil production will equal that achieved by Saudi Arabia at the height of its expansion, and increases in natural…
Exxon Is Drilling Some Long Horizontal Shale Oil Wells
Exxon recently completed “Bakken” wells in North Dakota that extend 3 miles. Exxon The world’s biggest oil explorer by market value finished four wells in North Dakota’s Bakken region that extends horizontally for 3 miles (4.8 kilometers), Barclays Plc analyst Paul Cheng said in a research note after meeting Exxon executives, it’s closing in on the 4-mile mark. Read more
Continental Resources Third Quarter 2017 Results’ Beat Estimates
Continental Resources net income includes certain items typically excluded by the investment community in published estimates, the result of which is referred to as “adjusted…