Drilling & Completions | Drilling Activity
Ring Doubles Acreage at CBP Asset; Drills Three Wells
Print
|
Ring Energy reported an update on their three well horizontal drilling program which began in early August on the Company’s Central Basin Platform (CBP) asset.
The program is targeting the San Andres formation. Currently, all three wells have been drilled – two of the wells were drilled 1 ½ miles horizontally and the third well was drilled 1 ¼ miles horizontally. Production casing has been set in all three wells, with the completion process scheduled to begin the week of September 26. Management estimates that once the completion process begins, all three wells will be completed within a four to six week period. The Company will provide a more detailed overview of the horizontal drilling program in the Company’s third quarter operations update in October.
Additionally, Ring has doubled…
- ✓ 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
More Drilling Activity News
Chevron Fourth Quarter, Full Year 2022 Results
Chevron Corp. reported its fourth quarter and full year 2022 results. Chevron reported earnings of $6.4 billion ($3.33 per share - diluted) for fourth quarter 2022, compared with…
Civitas Resources Third Quarter 2022 Results
Civitas Resources, Inc. announced its third quarter 2022 financial and operating results. Third Quarter 2022 Highlights: Average daily sales volumes of 176.3 thousand barrels of oil equivalent per…
Murphy Oil Third Quarter 2022 Results
Murphy Oil Corp. announced its financial and operating results for the third quarter 2022. Murphy reported net income attributable to Murphy of $528 million, or $3.36 per diluted…
California Resources Third Quarter 2022 Results
California Resources Corp. reported third quarter 2022 operational and financial results. Mac McFarland, CRC's President and Chief Executive Officer, said: "CRC's strong financial performance, coupled with our consistent…
Coterra Energy Third Quarter 2022 Results
Coterra Energy Inc. reported third-quarter 2022 financial and operating results. Thomas E. Jorden, Chief Executive Officer and President, commented, "Coterra continues to execute and has delivered another strong…
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…