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
Acquisitions & Divestitures, Exploration & Production, Super DUG
Diamondback’s Van’t Hof Plays Coy on Potential Delaware Divestiture
Diamondback Energy’s President and CFO Kaes Van't Hof also addressed new Permian exploration and the lack of “fun” dealing with the FTC on its deal to buy Endeavor Energy Resources.
May 16, 2024
Exploration & Production, Shale Plays
ConocoPhillips: Permian Basin a ‘Growth Engine’ for Lower 48
ConocoPhillips views the Permian Basin as a “growth engine” within its Lower 48 portfolio, the company’s Midland Basin Vice President Nick McKenna said during Hart Energy’s SUPER DUG event in Fort Worth.
May 15, 2024
Mergers, Exploration & Production, Shale Plays
SUPER DUG: Diamondback's Van't Hof Talks Endeavor Merger, Future of Legacy Delaware Acreage
The SUPER DUG Conference & Expo is in full swing in Fort Worth, Texas, and speaker Diamondback President Kaes Van’t Hof is with Hart Energy's Jordan Blum to talk about Diamondback's pending merger with Endeavor Energy Resources, development philosophies going forward and future plans in the Delaware.
May 15, 2024
Acquisitions & Divestitures, Investment, Shale Plays, Exploration & Production
Minerals Market Growing But Needs More Scale, Consolidation
The market value of public minerals and royalties companies has doubled since 2019—but the sector needs to grow even larger to attract generalist investors into the fray, experts say.
May 15, 2024
International, Natural Gas, Crude Oil
BP CEO: Final Permian Processing Facility to Come Online by Mid-year
BPX Energy, BP’s Houston-based subsidiary, plans to bring on its fourth and last Permian Basin processing facility in mid-year 2025, CEO Murray Auchincloss said.
May 14, 2024
Lease Sales
Marketed: Berlin Resources Anadarko Basin Opportunity
Berlin Resources LLC has retained EnergyNet for the sale of an Anadarko Basin opportunity in the Donita 35/2 AP #1H in Roger Mills County, Oklahoma.
May 13, 2024
Lease Sales
Marketed: Wayfinder Resources, KSE Minerals Five Well Package in Oklahoma
Wayfinder Resources Operating and KSE Minerals has retained EnergyNet for the sale of a Mississippian/ Woodford opportunity in Canadian County, Oklahoma.
May 13, 2024
Promotions
PropFlow Names David Ward as CEO
As CEO, David Ward will lead and build out PropFlow’s operations of eliminating debris from proppant at well sites in the Permian Basin and other plays.
May 13, 2024
CCS/CCUS, Service & Supply, Joint Ventures
Worley to Design CCS Facilities for Bayou Bend JV
Bayou Bend is a carbon capture and sequestration joint venture between Chevron, TotalEnergies and Equinor located along the Gulf Coast in Texas.
May 13, 2024
Gathering & Processing, Pipelines
LM Energy to Expand Gas Gathering System in the Delaware
LM Energy is building new compressor stations and adding 70 miles of pipeline in the Delaware Basin.
May 13, 2024