As they say, when one door closes another door opens. But in the case of Midland, Texas-based Diamondback Energy this week, that old expression with one negative translates to a big positive all the way around. ...
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Back in 2011, Ohio’s then-state geologist Larry Wickstrom had never been more optimistic about the future of his state. Marcellus operators had begun to try their luck with horizontal drilling in the Buckeye slice of the Utica Basin. ...
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About 10 miles south of Tulsa, the city of Glenpool holds a most unique oil and gas legacy. If you were around in 1905 (and if you were, we want to hear from you), you might remember the Glen Pool discovery, which started on a rural farm with a single well drilled 1,400’ deep and gushing an initial 75 BPD. Within a few months, the Glen Pool was declared the world’s largest oilfield, and practically overnight Tulsa, Okla., would be declared the Oil Capital of the World. ...
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Do you hear a vroom? If so, that would be compliments of Tulsa-based ONEOK and its well-oiled (pun intended) midstream machine that sounds a might throatier today....
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When ConocoPhillips acquired Marathon Petroleum back in May, the $22.5 billion deal crowned COP the largest producer in the Eagle Ford with combined assets of 490,000 net acres, 400 MBOED, and 1,000 new drilling locations. The purchase also added more refrac inventory using COP’s own techniques already at work across its South Texas position....
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Rusty Hutson isn’t your typical gas producer. As the founder and CEO of Ala.-based Diversified Energy, he walks his own path—even one he didn’t expect to find again....
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