Tagged Permian Basin

Chevron appoints new head

Rate this article By LNG World News Chevron has named Michael Wirth as the company’s new chairman and CEO, succeeding John Watson who will retire from the company on February 1, 2018, after 37 years service, including eight years as chairman and CEO. Speaking following his appointment, Wirth said that the company, under Watson’s leadership,…

IOG hikes Texas, Oklahoma play funding

Rate this article IOG Capital LP said that since May 1 it has committed to fund more than $260 million in the acquisition and development of oil and gas properties in partnership with operators in the Permian basin, STACK, Austin Chalk, and Eagle Ford plays of Texas and Oklahoma. Read Full Article Here For more…

EnLink holds open season for Midland basin crude gathering system

Rate this article A subsidiary of EnLink Midstream Partners LP and EnLink Midstream LLC have launched an open season for their Greater Chickadee crude oil gathering system in the Permian basin. The companies announced plans for the system last month. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation

EnLink to build Midland basin crude gathering system

Rate this article A subsidiary of EnLink Midstream Partners LP and EnLink Midstream LLC plans to construct a crude oil gathering system in Upton and Midland counties, Tex., in the Permian basin. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation

Breitling Energy spuds Sellers 60

Rate this article Breitling Energy Corp. of Dallas spudded its Sellers 60 #1 well in the Permian basin of West Texas on Sept. 21. The well targeted a vertical depth of 9,000 ft. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Redhawk announces $15M drilling and development in Permian Basin

Rate this article Article Abstract: Redhawk Resources encompasses 3,800 contiguous acres of producing oil and gas leases with 70 existing shallow wells in Pecos County, Texas. The existing wells were purchased in various stages of operation. Twenty-nine of the wells were down on day 1 of operations. from Oil Exploration & Production News Click Here…

Redhawk begins $15M fund for Permian drilling and development

Rate this article Article Abstract: Redhawk Resources Management III LLC (comprising managing partners Progressive Equities, LLC, Redhawk Resources LLC, and StableRock Energy LLC) has begun its newest offering, Redhawk Resources – Fund III LP, in the Permian Basin.  from Oil Exploration & Production News Click Here To Read Full Article Visit Oil Exploration & Production…