Of the major oil- and gas-producing states, Texas gained seven rigs, New Mexico and West Virginia were up two and Oklahoma added one. Pennsylvania declined by five, California lost three, Louisiana was down two and Colorado and Kansas both were off one.
Lawyers are arguing in a New Orleans courtroom about whether a Plaquemines Parish lawsuit against oil companies over coastal damage belongs in state or federal court.
Lawyers for Plaquemines Parish are set to argue that a lawsuit the parish filed against oil companies over coastal damage belongs in state court.
Independent energy producers PetroQuest Energy Inc. and Midstates Petroleum Co. Inc. are working together to develop Midstates’ Fleetwood project.
In deal with Talos Energy Offshore, Stone retains an option for a 50 percent working interest in the deep drilling rights on the properties.