DUG Midcontinent
February 23-25, 2016
Oklahoma City, Oklahoma
Cox Convention Center
Register Featured Sponsors
Netherland, Sewell & Associates (NSAI)Baker HughesKayne Anderson Energy FundsNewpark Drilling FluidsFreemyer Industrial Pressure LPSuperior Energy ServicesFTS InternationalAmerican Energy PartnersBaker Hughes - PlatinumMagnum Oil ToolsCJ Energy Services
Hess Corp. - OperatorJoule ProcessingABUTECPetroQuip Energy ServicesWEIR Oil & GasBaker HughesCDM Resource Management LLCEnergy SpectrumThe Linde GroupAereon (formerly Jordan Technologies)Sentry TechnologiesSchlumbergerSuperior Drilling ProductsKnight Oil ToolsCroft Production SystemsExterranBTI ServicesAggrekoPLH GroupTudor Pickering HoltPackers PlusKLX Energy ServicesTorcsill Foundations LLC Hess Corp.D&L Oil ToolsTall Oak Midstream
Operator Sponsors
American Energy Partners - OperatorJones EnergyVelocity Midstream PartnersNewfield ExplorationTall Oak Midstream
Hosted By
Unconventional Oil & Gas CenterE&PMidstream BusinessOil and Gas Investor

Larger Crowd Attended 2015 DUG Midcontinent Conference

Nearly 1,300 oil and gas professionals attended the 3rd annual DUG Midcontinent conference and exhibition, an approximate 15 percent increase in paid delegates from last year. Attendees heard from top executives and decision-makers from the region's most-active exploration and production companies at the Cox Convention Center in Oklahoma City on February 24-26.

Dave Hager, COO of Oklahoma City-based Devon Energy, delivered the opening keynote remarks for the conference. Hager will become Devon's president and CEO effective August 2015. Chesapeake Energy Vice President John Adcock, from another Oklahoma City-based corporation, gave insights on increasing operational efficiency. He said pad wells are not the most efficient way to drill a well, but rather the most efficient way to move a rig.

Other notable speakers addressed the audience about promising field developments. Wade Hutchings, a regional vice president for Marathon Oil, told attendees 70 percent of Marathon's 2015 capital is allocated to U.S. resource plays. Kevin Phillippi, principal at A.T. Kearney, said each major refining region has seen asset base shifts due to recent economic conditions. He added the most profitable refineries are in Wyoming. Cheniere Pipeline president, Chad Zamarin shared plans for expansions, pipelines and markets. The company is working on the Creole Trail Pipeline, Sabine Pass LNG terminal and first LNG export cargoes projected for the fourth quarter.

Prospective attendees can mark their calendars for next year's DUG Midcontinent conference set for February 23-25, 2016 in Oklahoma City, OK.

Hart Energy would like to thank the 2015 DUG Midcontinent sponsors for their continued support.

The conference may be over, but the conversation continues on Twitter. Join in by following us @HartEnergyConf using #DUGMidcon or check out our Storify page.

 
News

Chart: Appalachian Basin Rig Count As Of May 18, 2015
Appalachian Basin Rig Count as of September 12, 2014DateNew YorkOhioPennsylvaniaVirginiaWest VirginiaFEBRUARY 1404053030FEBRUARY 2103954030FEBRUARY 2803052027MARCH 704153025MARCH 1404154025MARCH 2103956023MARCH 2803851026APRIL 403659023APRIL 1103854026APRIL 1803550073APRIL 2503657026MAY 203558028MAY 903658027MAY 1603960025MAY 2303960025MAY 3003860025JUNE 603957025JUNE 1303859026JUNE 2004057025JUNE 2704159025JULY 304154027JULY 1004256026JULY 1804455026JULY 2504353027AUGUST 104354027AUGUST 804351026AUGUST 1504251029AUGUST 2204250030AUGUST 2904155029SEPTEMBER 504157029SEPTEMBER 1204258029Created By: Larry Prado - EditorSource: Baker Hughes

Chart: Mid-Continent Rig Count As Of May 18, 2015
Mid-Continent Rig Count as of September 5, 2014DateKansasOklahomaFEBRUARY 1433182FEBRUARY 2132181FEBRUARY 2830181MARCH 731182MARCH 1429186MARCH 2129183MARCH 2829188APRIL 427193APRIL 1127192APRIL 1828187APRIL 2529191MAY 231195MAY 933192MAY 1631195MAY 2332191MAY 3031199JUNE 631198JUNE 1333200JUNE 2033200JUNE 2732208JULY 329209JULY 1031198JULY 1830200JULY 2530203AUGUST 127209AUGUST 826211AUGUST 1526209AUGUST 2228208AUGUST 2925212SEPTEMBER 523213SEPTEMBER 1225213 Created By: Larry Prado - EditorSource: Baker Hughes