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  • Volume 118, Issue 3a

    • Volume 118, Issue 3a

    Mar. 9, 2020 | Diamondback Energy Inc. contracted Latshaw Rig 45 for drilling in the Permian Basin. Diamondback has more than 7,000 Permian drilling sites across more than 350,000 acres. Latshaw Rig 45 features 1,500-hp drawworks and 1,600-hp pumps. Diamondback, like many other Permian operators, cut its capital budget for 2020. Photo by Troy Carroll from Latshaw Drilling.

    More content from Volume 118, Issue 3a

    General Interest

    Equinor, Neptune consider tie in of oil discovery near Gudrun field in the North Sea

    March 9, 2020
    Equinor Energy AS and partner Neptune Energy Norge AS will consider a tie in of a new oil discovery in the Sigrun East prospect in the central part of the North Sea to Gudrun ...
    General Interest

    Citgo transfers San Nicolas refinery, terminal assets to Aruban government

    March 9, 2020
    Citgo Aruba Holding has reached an agreement with Refineria di Aruba NV for the official transfer of operatorship of former Valero Energy Corp.’s 235,000-b/d refinery and terminal...
    General Interest

    Centennial drops capital budget 28%, plans four-rig Delaware basin program in 2020

    March 9, 2020
    For 2020, Centennial Resource Development Inc., Denver, plans to reduce its capital budget 28% compared to 2019 and expects to reduce its operated rig program to four from the...
    General Interest

    Next Wave lets contract for Texas ethylene-to-alkylate plant

    March 9, 2020
    Next Wave Energy Partners LP has let a contract to a division of E.I. DuPont de Nemours & Co. to license technology for its grassroots Project Traveler ethylene-to-alkylate production...