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SandRidge has updated its U.S. operations and planning, based on its third-quarter 2014 results, indicating that it will expand its low-cost multilateral program and extend its Mid-Continent resources base with Chester and Woodford production. “Our Mid-Continent drilling program continues to generate commercial returns,” said SandRidge CEO and President James Bennett. “Our teams are focused on continued well cost reductions, now further supported by likely lower service costs ahead.” Image courtesy of SandRidge Energy. Hess Exploration Australia has signed a non-binding LOI with the North West Shelf JV. Hess intends to develop natural gas discoveries in its deepwater permits, offshore northwestern Australia, and, subject to contractual agreements, route production through existing NWS processing and liquefaction facilities in Karratha, Australia. Hess will market the LNG to customers in the Asia-Pacific region.

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