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Tag Archives: Granite Wash

Bakken beefs up rig count, Oklahoma up 5

rig count, Baker Hughes

For the second week in a row, the Baker Hughes North American rotary rig count increase was led by areas outside of Texas. North Dakota’s Bakken oilfields saw an increase of three new rigs this week, while Oklahoma added five new rigs exploring for oil and gas, presumably in the Granite Wash and Cana Woodford basins. The Eagle Ford in ...

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Is bankruptcy next for Sabine Oil & Gas?

After its recent departure from the New York Stock Exchange (NYSE), Houston-based Sabine Oil & Gas is now dealing with default claims, the Houston Business Journal reports. Issues have continued to arise after Sabine’s merger with Colorado-based Forest Oil when shareholders officially approved the merger last December. Sabine has yet to file its annual report, although the company says it ...

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Linn Energy inks $2.3 bln land deal with Devon Energy

John Deede | Shale Plays Media Google+ Linn Energy is increasing its acreage of producing land with the purchase of Devon Energy assets in several areas including the Niobrara, Haynesville, Eagle Ford shale formations. Jeff Reed from OilPro.com reports: The acquired property encompasses approximately 900,000 net acres across the Rockies, Mid-Continent, east Texas, north Louisiana and south Texas regions with approximately 4,500 ...

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