Plays Covered: Bakken, Three Forks, Niobrara, Codell, Mancos, Parkman, Turner, Frontier
With stabilizing oil prices and substantial midstream takeaway capacity growth throughout the Bakken and Niobrara regions (and more potentially on the way), producers are itching to start completing their backlog of drilled but uncompleted wells (DUCs). Stacked deep with oil-bearing benches, the Bakken and Niobrara are sleeping shale giants ready to rise. Producers continue to hone their time-tested, efficient processes and squeeze every dollar from their best wells as the market shows signs of hope.
The 2017 DUG Bakken and Niobrara conference and exhibition corrals the regions' top players to participate in profound discussions on the current stamina of the industry and what's next for producers in the Rockies and Northern Great Plains. Get the latest production estimates, learn about increasing deal flows and expanding midstream takeaway capacity, and hear the latest forecasts on commodity prices and CAPEX investment. On March 16th, hundreds of oil and gas professionals will gather to listen to 25+ executive-level speakers and meet with leading exhibitors in Denver.
New for 2017 - Efficient One-Day Format -
This year's conference and exhibition will include a focused, one-day format with a chance to hear from and network with the industry's most sought after executives. Invest in one of the most valuable and informative days of the year, where you'll gain market intel from the region’s top public and private producers.
US Drillers Add Oil Rigs For Fifth Straight Week U.S. energy companies added oil rigs for a fifth straight week, extending a nine-month recovery as drillers take advantage of crude prices that have held mostly over $50 a barrel since OPEC agreed to cut supplies in late November.Drillers added six oil rigs in the week to Feb. 17, bringing the total count up to 597, the most rigs since October 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said Feb. 17. During the same week a year ago, there were 413 active oil rigs.Since crude prices first topped $50 a barrel in May after recovering from 13-year lows last February, drillers have added a total of 281 oil rigs in 34 of the past 38 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years starting in mid-2014.
US Senate Confirms Scott Pruitt As EPA Head The U.S. Senate confirmed President Donald Trump's pick to run the Environmental Protection Agency (EPA) on Feb. 17 as the administration readies executive orders to ease regulation on drillers and miners.Senators voted 52-46 to approve Oklahoma Attorney General Scott Pruitt, who Senator John Barrasso, a Republican and the head of the chamber's environment committee, said would reform and modernize the EPA.Republicans have said the agency has killed jobs in coal and in oil drilling by limiting emissions and nearly all Republican senators voted for him.