RigData Insights

Using Release-to-Completion Time to Measure OFS Efficiency

  • Thursday, October 24, 2019
  • Posted By Greg Tsichlis
The release-to-completion time is the number of days between a rig leaving a wellsite to when the well is hydraulically stimulated . . .

The Week in Crude Oil Markets

  • Monday, November 4, 2019
  • Posted By Greg Tsichlis
WTI fell throughout the week down $0.46 on the week. Trade remains concerned about global demand, potential for 2020 supply glut. Crude imports from B... Read More

WPX Lowers Bakken Well Costs, Outperforming 2018

  • Thursday, November 7, 2019
  • Posted By Greg Tsichlis
WPX believes its Williston Basin economics are the best in the basin. Its current well costs for 2-mile laterals, including drilling, completions, fac... Read More

Chesapeake Reaches Oil Production Record at Brazos Valley

  • Thursday, November 14, 2019
  • Posted By Greg Tsichlis
Chesapeake Energy continues to make improvements in its Brazos Valley operations. Well costs are down 21% . . .

Marathon Spends $329MM on Eagle Ford Bolt-On, Permian Play

  • Thursday, November 21, 2019
  • Posted By Greg Tsichlis
In the largest deal, signed after the end of Q3, Marathon will pay $185 million cash to acquire 18,000 contiguous net acres with . . .

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