Exploration & Production | Top Story | Quarterly / Earnings Reports
LINN Shifts Panhandle Focus to Hogshooter; Eyes Two Permian Targets
Print
|
LINN Energy LLC has reported an update on its Q2 2013 Granite Wash and Permian Basin operations.
Granite Wash/HogshooterIn early 2013, LINN shifted four of its rigs to the Mayfield area of western Oklahoma to test the Hogshooter and other prospective oil intervals. The Company now has nine Hogshooter wells currently producing in the Mayfield area with gross average initial production (IP) rates of approximately 1,750 Bbls of oil per day and 8.9 MMcf of natural gas per day, or approximately 3,800 Boe/d (approximately 70% liquids). These nine Hogshooter wells had gross IP rates ranging from 1,400 Boe/d to 5,500 Boe/d, in which LINN had an average net working interest of approximately 44%. In addition to the Hogshooter interval, LINN has now tested two other oil producing formations in…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Permian News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…