Devon Energy’s executive vice president and COO, Clay Gaspar, says the merger with WPX Energy put the newly combined shale giant in a position to build a business that is focused on growth and able to generate significant free cash flow.
When Devon Energy Corp. and WPX Energy Inc. merged to combine strengths during the 2020 downturn, they proved one plus one equals three times the value. Looking ahead, could the new company be the next E&P juggernaut?
Northwest Shelf operator Riley Permian attained an IPO through a rare reverse merger without much fanfare.
Energera Inc. is the parent company of Canadian operating companies Frac Shack International Inc. and Sand Separation Technologies Inc., of U.S. entities Frac Shack America Inc. and Sandtinel LLC, as well as the Argentinian company Frac Shack S.A.S.
Calls to require vaccinations for employees working at close quarters in oilfield and refinery operations came as the U.S. Food and Drug Administration fully approved the Pfizer-BioNTech shot.
Prior to the $2.2 billion sale agreement to Chesapeake, Vine Energy CEO spoke with Oil and Gas Investor on why the Haynesville Shale can exceed investor expectations.
For an industry less than a decade into its development, water management has emerged as a crucial component of upstream oil and gas development.
Meet ChampionX president and CEO Soma Somasundaram, the man with a bold vision, who is on track to build a durable franchise well-positioned to survive until the last drop of oil is pumped.
U.S. oil producer Hess Corp. said on July 28 it planned to add a rig in North Dakota's Bakken basin in September, after topping estimates for second-quarter profit on a rebound in crude prices.
The original Canadian royalty trust and one of the first E&Ps to explore the Bakken Shale, Enerplus Corp. remained under the radar for many years—until now. The conservative Calgary producer re-emerges with two fast deals and a basket of new top-tier inventory.