Chris
Mathews
Hart Energy
Shale Plays
CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps
Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global.
Silver Hill Energy Enters Bakken with Liberty Resources Acquisition
Silver Hill Energy Partners LP is getting into the Bakken in North Dakota through the acquisition of Liberty Resources II.
Analysts: Top-Tier Drilling Inventory Shrinking as Well Costs Rise
The cost of supply for North American shale producers is expected to continue rising, according to a recent analysis by Enverus Intelligence Research.
The Future of Shale: ‘The Brainiac Stuff is Coming’
Lab tests show that 90% of oil is still left in rock that’s drilled.
More Top Stories in Shale Plays
Emerging Plays, Heavy Oil, Earnings
EOG: Utica Oil Can ‘Compete with the Best Plays in America’
Oil per lateral foot in the Utica is as good as top Permian wells, EOG Resources told analysts May 3 as the company is taking the play to three-mile laterals and longer.
May 6, 2024
Lease Sales
Marketed: Mississippian Play Opportunity in Grady County, Oklahoma
An undisclosed seller has retained EnergyNet for the sale of a Mississippian play opportunity in the Bennet 0607-22-27-1MXH in Grady County, Oklahoma.
May 6, 2024
Lease Sales
Marketed: DLH Capital 14 Well Package in SCOOP/STACK
DLH Capital LLC has retained EnergyNet for the sale of a 14 well package SCOOP/STACK opportunity in Blaine, Caddo, Canadian and Grady counties, Oklahoma.
May 6, 2024
Acquisitions & Divestitures, Exploration & Production
IOG Resources Acquires Interests from Civitas
IOG Resources acquired interests in the Denver-Julesburg Basin from Civitas Resources.
May 6, 2024
IPO, Shale Plays, Exploration & Production
U.S. Shale-catters to IPO Australian Shale Explorer on NYSE
Tamboran Resources Corp. is majority owned by Permian wildcatter Bryan Sheffield and chaired by Haynesville and Eagle Ford discovery co-leader Dick Stoneburner.
May 4, 2024
Acquisitions & Divestitures, Field Development, Shale Plays
Exxon Shale Exec Details Plans for Pioneer’s Acreage, 4-mile Laterals
Exxon Mobil plans to drill longer, more capital efficient wells in the Midland Basin after a major boost from the $60 billion Pioneer Natural Resources acquisition. Data shows that Exxon is a leading operator drilling 4-mile laterals in the Permian’s Delaware Basin.
May 3, 2024
Pipelines, Natural Gas, Liquefied Natural Gas (LNG), Earnings
Targa Expects Another Major Permian Pipeline Project This Year
Targa Resources says different projects are falling in place for gas capacity expansion
May 3, 2024
Acquisitions & Divestitures, Gathering & Processing, Compression
Antero Midstream Buys Summit Midstream Assets in $70M Deal
The deal by Antero Midstream strengthens Antero Resources’ gathering and compression in Marcellus Shale.
May 3, 2024
Acquisitions & Divestitures, Finance
Occidental Explores Sale of Permian Assets Worth Over $1B, Sources Say
Occidental Petroleum is exploring a sale of assets in the Barilla Draw region of Texas, which is located within the Delaware portion of the Permian Basin.
May 3, 2024
Acquisitions & Divestitures, Shale Plays, Crude Oil, Natural Gas
Exxon Closes $60B Pioneer Deal, Reshaping Permian Basin
After facing regulatory scrutiny, Exxon Mobil closed a roughly $60 billion acquisition of Pioneer Natural Resources. The largest shale oil transaction ever signed will reshape the order of power in the vast Permian Basin oil field.
May 3, 2024