On June 19, EQT Corporation entered into an agreement to acquire Rice Energy for US$ 8.2 billion.
The percent of horizontal rigs in the Permian grew from 14% in January 2013 to 27% in January 2015. Now, the Permian accounts for over 42% of the active horizontal rigs in the US land market.
Total has sanctioned the development of the first phase of the operated Aguada Pichana Este license in the giant Vaca Muerta shale play in Argentina. Moreover, the Group will also increase its interest in the license from 27.27% to 41%.
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The agreement will cover rig-inspection services in shale and other unconventional formations including the Eagle Ford, Barnett, Marcellus and Bakken plays in the US.
Danos is expanding its footprint in the Permian Basin region, adding more office and shop space in order make its full range of services offerings available to customers in the area.