Shale Consolidation Aftermath: The Field Narrows

Widespread consolidation has reshaped the list of top public producers, says Enverus CEO Manuj Nikhanj.

Shale Outlook Permian: The Once and Future King Keeps Delivering

The Permian Basin’s core is in full-scale manufacturing mode, with smaller intrepid operators pushing the basin’s boundaries further and deeper.

Shale Outlook: E&Ps Making More U-Turn Laterals, Problem-Free

Of the more than 70 horseshoe wells drilled to date, half came in the first nine months of 2024 as operators found 2-mile, single-section laterals more economic than a pair of 1-mile straight holes.

PRB’s Sage Butte Ready for M&A Across Lower 48, Maybe Canada Too

Private E&P Sage Butte Energy, which operates in the Powder River Basin, is less interested in the Permian Basin, citing the cost of entry.

Shale Outlook Eagle Ford: Sustaining the Long Plateau in South Texas

The Eagle Ford lacks the growth profile of the Permian Basin, but thoughtful M&A and refrac projects are extending operator inventories.

Birch Resources Mows Dean Sandstone for 6.5 MMbbl in 15 Months

Birch Resources has averaged 7 MMboe, 92% oil, from just 16 wells in the northern Midland Basin’s Dean Formation in an average of 15 months each, according to new Texas Railroad Commission data.

Novel EOR Process Could Save Shale from a Dry Future

Shale Ingenuity’s SuperEOR, which has been field tested with positive results, looks to remedy the problem of production declines.

Wildcatting is Back: The New Lower 48 Oil Plays

Operators wanting to grow oil inventory organically are finding promising potential as modern drilling and completion costs have dropped while adding inventory via M&A is increasingly costly.

Exclusive Occidental, CrownRock Merge Into Team of Overachievers

Thaimar Ramirez, president and general manager for Occidental Petroleum’s Midland Basin Business Unit, said 100 days after closing the CrownRock acquisition production guidance keeps going higher.

The Explosive Evolution of Fracking: A 75-Year Journey

Despite some initial resistance to the idea, Halliburton and Stanolind Oil pioneered the hydraulic fracturing that led to the shale boom.