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Keywords: acreage
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Journal Articles
J Pet Technol 72 (01): 41–44.
Paper Number: SPE-0120-0041-JPT
Published: 01 January 2020
...Stephen Rassenfoss Financial reports have long lumped shale acreage like cuts of meat, with tier 1 for the best reservoir rock, and tiers 2 and 3 ranked as lower quality. Tier 1 is rated superior to the lower tiers based on a handful of geological measures related to the oil in the ground...
Journal Articles
J Pet Technol 71 (10): 18–21.
Paper Number: SPE-1019-0018-JPT
Published: 01 October 2019
... in March and•Lease Sale 251 in August 2018. “While we saw companies pick up acreage near remote areas, the infrastructure-rich Mississippi Canyon was the bid engine of the sale, capturing roughly 25% of total bids,” said Michael Murphy, research analyst at consultancy Wood Mackenzie, in comments following...
Journal Articles
J Pet Technol 71 (06): 26–28.
Paper Number: SPE-0619-0026-JPT
Published: 01 June 2019
... to buy QEP Resources’ Haynesville-Cotton Valley acreage for $735 million and BP more than tripled its Haynesville position through its purchase of BHP Billiton’s US shale assets. Indigo, in particular, over the past 4 years has aggressively leased and acquired acreage in North Louisiana. The company...
Journal Articles
J Pet Technol 71 (06): 18–21.
Paper Number: SPE-0619-0018-JPT
Published: 01 June 2019
... on the block. Majors, IOCs Win Blocks in Argentine Offshore Bid Round Thirteen companies placed bids on 18 blocks in the Austral, North Argentina, and Malvinas West basins as part of Argentina’s first open bid round for offshore acreage in more than 20 years. Nearly every major came away with blocks while...
Journal Articles
J Pet Technol 71 (04): 18–23.
Paper Number: SPE-0419-0018-JPT
Published: 01 April 2019
..., including the US shale plays. It provides technical analysis of basins, including completions and production, as well as asset evaluations for operators considering acreage additions. All of this is done within the context of shifting capital markets. Chesapeake announced the pact fresh off its $4-billion...
Journal Articles
J Pet Technol 70 (10): 22–25.
Paper Number: SPE-1018-0022-JPT
Published: 01 October 2018
... acreage being made available compared with the March auction—the largest ever—and the government’s unwillingness to budge on recommended cuts to offshore royalties. Diamondback Energy Spending $10.5 Billion in Permian Acreage Expansion Matt Zborowski, Technology Writer Diamondback Energy Inc. is amassing...
Journal Articles
J Pet Technol 70 (04): 34–38.
Paper Number: SPE-0418-0034-JPT
Published: 01 April 2018
... miles, has accounted for the bulk of US oil production increases and mergers and acquisitions over the last couple of years. Although they are intertwined and together encompass parts of Colorado border states Wyoming, Nebraska, and Kansas, the DJ and Niobrara offer a fraction of the acreage...
Journal Articles
J Pet Technol 70 (03): 23–28.
Paper Number: SPE-0318-0023-JPT
Published: 01 March 2018
.... Contact SPE for permission to use material from this document. Energy Economics shale gas shale oil oil shale drilling operation platform cash flow technology writer acreage acquisition Delaware asset and portfolio management Directional Drilling unconventional resource economics aitken...
Journal Articles
J Pet Technol 70 (03): 12.
Paper Number: SPE-0318-0012-JPT
Published: 01 March 2018
... officials expected only 7–10 blocks to be awarded. But the event attracted bids from 11 different firms as 19 blocks were awarded, nine of those to Shell. Although the deepwater auction is thought to have the most valuable acreage, future tenders may also attract heavy interest. Last year, a consortium led...
Journal Articles
J Pet Technol 69 (10): 22–27.
Paper Number: SPE-1017-0022-JPT
Published: 01 October 2017
... Drops for Gulf of Mexico Leases Joel Parshall, JPT Features Editor Oil industry interest in obtaining new offshore acreage in the US Gulf of Mexico (GOM) showed a significant decline in the mid-August federal outer continental shelf lease sale, compared with the previous sale in March. US GOM regionwide...
Journal Articles
J Pet Technol 69 (04): 23–28.
Paper Number: SPE-0417-0023-JPT
Published: 01 April 2017
... strategic shift in its hydraulic fracturing operations, focusing primarily on its acreage in Colorado’s Wattenberg field while entering the Delaware Basin in west Texas. As the independent exploration and production company enters the third year of this new operational focus, its top executive said...
Journal Articles
J Pet Technol 68 (10): 24–26.
Paper Number: SPE-1016-0024-JPT
Published: 01 October 2016
... play acreage operator rig rig count Permian Basin Olmstead Permian Drive 24 JPT OCTOBER 2016 Don t look now, but the United States rig count has inched up in recent months, and the driver has been the old reliable of onshore oil produc- tion, the Permian Basin of west Texas and New Mexico...
Journal Articles
J Pet Technol 66 (12): 62–67.
Paper Number: SPE-1214-0062-JPT
Published: 01 December 2014
... production engineer Laredo optimization Anadarko Petroleum Corporation acreage production control LNG haskett completion natural gas production Blakely exploration CONFERENCE REVIEW 62 JPT DECEMBER 2014 Learn, strategize, persevere, and opti- mize: In a nutshell, this was the message imparted...
Journal Articles
J Pet Technol 66 (05): 18.
Paper Number: SPE-0514-0018-JPT
Published: 01 May 2014
... to the government its list of fields and acreage that it would like to keep under the new energy reform regime. Fields not on the list are expected to be offered in auctions, with Pemex allowed to bid on those as well. The first licensing round is not expected to be held until 2015 with production-sharing...
Journal Articles
J Pet Technol 65 (06): 34–44.
Paper Number: SPE-0613-0034-JPT
Published: 01 June 2013
... Drilling marcellus production Upstream Oil & Gas gas boom evolve july 2009 acreage Pennsylvania Is the Marcellus shale on the cusp of a liquids-rich bonanza? Is its much-touted dry gas boom waning? The best answer seems to be: It depends. The Marcellus shale gas BOOM eVOlVes Stories by Robin...
Journal Articles
J Pet Technol 65 (02): 54–58.
Paper Number: SPE-0213-0054-JPT
Published: 01 February 2013
... oil production Spraberry Trend Area Wolfcamp Upstream Oil & Gas co 2 enhanced recovery promising economics lower wolfcamp acreage New Mexico Midland Basin Delaware basin december 2012 Permian Basin Spraberry tight resource crude oil Texas vertical well Wellhead on a horizontal...
Journal Articles
J Pet Technol 64 (02): 38–41.
Paper Number: SPE-0212-0038-JPT
Published: 01 February 2012
... on results so far, the company expects ultimate recovery of between 500 million and 1.5 billion bbl of oil, natural gas liquids, and natural gas on an equivalent basis. Anadarko is not alone. Chesapeake Energy, Noble, Encana, and EOG Resources are among the largest acreage holders and the most active...
Journal Articles
J Pet Technol 63 (11): 64.
Paper Number: SPE-1111-0064-JPT
Published: 01 November 2011
...Brent Estes Technology Focus When you take a look at the oil industry these days, what is the one thing you hear and read about the most? “Shale plays.” Operators are developing resources, purchasing acreage, and purchasing companies that have acreage in the USA and in countries around the world...
Journal Articles
J Pet Technol 63 (07): 99–100.
Paper Number: SPE-0711-0099-JPT
Published: 01 July 2011
... acquire large swaths of acreage (thousands of acres) without worrying about small variations of physical properties within the play and base their estimates of reserves on average characteristics. Two specific questions addressed in the full-length paper are the following. 1. If a company is interested...
Journal Articles
J Pet Technol 63 (07): 32–37.
Paper Number: SPE-0711-0032-JPT
Published: 01 July 2011
... players such as DPV Service, Cuadrilla, EUR Energy, and Mazovia Energy in securing acreage across the country. Talisman is carrying out seismic acquisition on con-cessions in the Baltic Basin and it is on track to spud its first two shale gas wells in the fourth quarter of this year, the company said...

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