Delaware Basin
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Upon closing, the newly combined oil company will boast 135,000 BOE/D and hold around 15 years’ worth of drilling locations in the Permian Basin.
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The principles behind unconventional wells lead to production profiles very different from conventional wells. High initial-production rates drop to much lower rates in a matter of months or a few years. How many in the US are currently considered low-production-rate wells?
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The companies will leverage each other’s experience and assets to offer full-cycle water-handling services in West Texas.
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The pureplay water midstream company bought the produced water infrastructure associated with Colgate’s purchase of Occidental acreage in June.
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Centennial said in its 10-Q report for Q1 that the economic downturn increased the likelihood that the transaction would fail to close by its original timeline.
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NGL Energy Partners announces acreage dedication for Delaware Basin water transport and disposal
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This paper shows how high-frequency, real-time drilling data from wired drillpipe has helped optimization of drilling performance and achievement of additional improvements in the New Mexico Delaware Basin.
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Layne Water Midstream has amended its agreement with the Texas General Land Office to gain exclusive right for reuse and disposal of produced water in the Delaware Basin.
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The time it takes for a shale producer to drill a well has been a major focus for the past decade. A new report says the industry should place equal weight on how long it takes a well to actually deliver first oil.
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The move will bolster Austin-based Parsley’s holdings in the Delaware Basin, giving it a contiguous 120,000 net acres opposite of its original Midland Basin focus area.