-- Range sees vast potential in resource plays Range Resources Corp., Fort Worth, plans to offer for sale its Barnett shale properties in Texas and sees dramatic potential in resource plays on other parts of its acreage.
-- Bakken, Woodford Cana plays drive Continental's budget Liquids-rich plays in the Williston basin Bakken and Anadarko basin Woodford Cana will consume 92% of capital spending by Continental Resources Inc. and will drive the company’s growth for the next 5 years.
-- New York Mesa Energy Holdings Inc., Dallas, reported promising if modest flow test results from two vertical New York Marcellus shale wells on which limited frac stimulations were performed earlier this year.
-- Texas-Gulf Coast Abraxas Petroleum Corp., San Antonio, is drilling the vertical section of the Dlugosch-1H well in DeWitt County, Tex., below 8,000 ft toward the Wilcox formation at about 10,000 ft.
-- Louisiana Callon Petroleum Co., Natchez, Miss., has placed on production its first Haynesville shale well in North Louisiana, which holds the company’s acreage in the play.
-- North Dakota Brigham Exploration Co., Austin, Tex., reported a production test rate of more than 2,000 b/d of oil equivalent from the Weisz 11-14-1H well in North Dakota’s Bakken oil play.
-- Vertical wells to test Baltic basin shales Lane Energy Poland Sp.z o.o., Warsaw, plans to stimulate two vertical wells to test shales in Paleozoic formations in the Baltic basin in north-central Poland.
-- El Paso enters Texas Wolfcamp shale oil play El Paso Corp. has boosted its lease position to more than 135,000 acres in a Wolfcamp shale play in West Texas by submitting winning bids for 123,100 acres with multiple pay opportunities.
-- Chevron acquires Turkish Black Sea deepwater block Chevron Corp. continued its push to acquire deepwater interests outside the US Gulf of Mexico with acquisition of an interest in a block in a new deepwater basin in the Black Sea off Turkey.