Birch Resources News Today

Permian operator selects Qube as preferred technology partner

Permian operator selects Qube as preferred technology partner

Each shale basin has different economics, but were oil prices to remain above $100/bbl, investment bankers estimate that Elliott could score investment gains of more than 80%.

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Horizontal drilling permits for new wells in the Permian hit an all-time high in March, with 904 total permit awards, Rystad Energy said.

Horizontal drilling permits for new wells in the Permian Basin hit an all-time high in March, with 904 total permit awards, driven by elevated oil...

Horizontal drilling permits for new wells in the Permian Basin hit an all-time high in March, with 904 total permit awards, driven by elevated oil prices and production demand, Rystad Energy research shows.

Horizontal drilling permits for new wells in the Permian Basin hit an all-time high in March, with 904 total permit awards, driven by elevated oil prices and production demand, Rystad Energy research shows. Weekly approved permits have hovered between 188 and 227 since March 7, 2022, an unprecedented period of high activity that pushed the ...

Higher crude demand and elevated oil prices have driven the number of horizontal drilling permits in the Permian to a new all-time high in March

(Bloomberg) -- As banks pull back from energy lending, some of the world’s biggest hedge funds are rushing in to fill the gap in oil country. The trend started to pick up last fall with Callon Petroleum Co.’s $300 million secured debt deal, which was backed by a hedge fund and not a bank.