The first of these locations, dubbed Nail-Tillman, is located over a mile north of Midland along State Highway 349 and will feature six wells. The second, Nail-Burley, is located over a mile and a half east of Nail-Tillman and will feature five wells.
U.S. natural gas inventories climbed by 46 billion cubic feet (Bcf) last week, keeping total storage comfortably above seasonal norms. But while the headline number suggests plenty of supply, traders aren’t relaxing just yet — not with record-breaking heat and LNG exports tightening balances beneath the surface.
Curious Minds Corner
How long is the “cooking time” for nature to create oil and gas?
It’s a slow geological process taking tens to hundreds of millions of years under specific underground conditions.