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Texas upstream news


Torchlight completes drilling phase of A39 #1 well

The company has announced that it has completed the drilling phase of the A39 #1 well in its Orogrande Basin drilling programme with operator Maverick Operating and drilling partner Wolfbone Properties.


Pioneer sells Eagle Ford shale acreage for US$102 million

Pioneer Natural Resources Company announced that it has signed a purchase and sale agreement with Sundance Energy, Inc. to sell approximately 10 200 net acres in the western portion of Pioneer’s Eagle Ford Shale acreage position for US$102 million, subject to normal closing adjustments.


Feeding offshore recovery

As subsea industry players gather this week in Galveston, TX for the Subsea Tieback Exhibition, Houston-based Umbilicals International (UI) is preparing for its first orders of long-length umbilicals from its new quayside facility in Channelview, TX.