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.
The Office of the US Trade Representative (USTR) is reportedly considering replacing the current 25% tariffs on Mexican and Canadian steel imports with restrictive import quotas under Section 232 of the Trade Expansion Act of 1962.
By Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association (TIPRO).
Production in the area, which spans Texas and New Mexico, could reach 5.4 million boe per day by 2023, putting it ahead of every OPEC country except Saudi Arabia.
Mayan Energy believes that a sustainable rate of approximately 1.3 million ft3/d gas and 10-11 bpd of condensate at the Morris #1 well is achievable with potential for further upside.
The 6300 ft2 space includes the OTC Solutions operations office and a training centre for OTC course offerings.
Gardner Denver’s newest facility will be fully stocked with aftermarket drilling supplies, including consumables and modules, 24/7 field service and customer support.
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.
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.