Permian Basin Oil and Gas Magazine

  • Evolution to provide electric fracturing technology for Permian operator
    on January 20, 2022 by PBOG

    The Woodlands-based Evolution Well Services last week announced a long-term electric hydraulic fracturing contract with a Permian Basin operator to begin in 2022Q4.  The contract will employ Evolution’s “patented electric fracturing technology coupled with an innovative Simul-frac completions […]

Permian Basin Oil and Gas Magazine

  • U.S. reports 600-plus rigs for first time since April 2020, Texas adds 7
    on January 20, 2022 by PBOG

    Oil and gas drillers emerged from the holidays by adding rigs in most basins and producing states during the second week of January.  Baker Hughes said as of Jan. 14 there were 293 rigs in Permian Basin (292 week ago, 189 year ago), 281 in Texas (274 week ago, 169 year ago), 95 in New The post […]

Permian Basin Oil and Gas Magazine

  • HighPeak Energy plans “dramatic increase” in Howard County operations
    on January 20, 2022 by PBOG

    Fort Worth-based HighPeak Energy, Midland Basin pure play, said its 2022 plans include a four-rig program to bring 80 to 100 wells online in Howard County (60 to 75 percent in Flat Top area).  The company expects to spend $610 million to $660 million for drilling, completions, equipping and […]