Noble, PDC swap Wattenberg field acreage

Noble Energy Inc., Houston, and PDC Energy Inc., Denver, have entered definitive agreements to swap acreage and consolidate their respective land positions in Wattenberg natural gas and condensate field in Weld County, Colo. Source: News


Pioneer to expand Midland basin drilling

Pioneer Natural Resources Co. will increase its rig count for horizontal drilling in the northern part of its Midland basin Spraberry-Wolfcamp play to 17 from 12 after an acquisition from Devon Energy Corp. and in response to its “improving outlook for oil prices.” Source: News