Nissa
Darbonne
Oil and Gas Investor
Coterra’s Rigs ‘Stay Camped Out’ in Delaware Basin Mega-DSU Drilling
With 57 wells already in one “row” development, Coterra Energy has 16 more underway, plus rigs at work on two more mega-DSU developments totaling 90 wells.
Saipem, Subsea7 Merge to Create Offshore Services Company
The new energy services company called Saipem7 would have an annual revenue of $21 billion.
Vital, SM: Woodford-Barnett Wildcats Flush with Barrels in Southern Midland
An initial SM Energy test made 250,000 boe in its first eight months online. Vital Energy is reporting more than 150,000 gross boe per 10,000 ft of lateral in its first-six-month output.
E&P Highlights: Feb. 24, 2025
Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.
The Latest
Coterra’s Rigs ‘Stay Camped Out’ in Delaware Basin Mega-DSU Drilling
With 57 wells already in one “row” development, Coterra Energy has 16 more underway, plus rigs at work on two more mega-DSU developments totaling 90 wells.
Saipem, Subsea7 Merge to Create Offshore Services Company
The new energy services company called Saipem7 would have an annual revenue of $21 billion.
Vital, SM: Woodford-Barnett Wildcats Flush with Barrels in Southern Midland
An initial SM Energy test made 250,000 boe in its first eight months online. Vital Energy is reporting more than 150,000 gross boe per 10,000 ft of lateral in its first-six-month output.
E&P Highlights: Feb. 24, 2025
Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.
Segrist: American LNG Unaffected by Cut-Off of Russian Gas Supply
The last gas pipeline connecting Russia to Western Europe has shut down, but don’t expect a follow-on effect for U.S. LNG demand.
Six New Dean Wildcats Come With 95% Oil in Northern Midland Basin
SM Energy reported geologic variability in deposition in the new play in southern Dawson County, Texas, but “it's really competitive.”
Enchanted Rock’s Microgrids Pull Double Duty with Both Backup, Grid Support
Enchanted Rock’s natural gas-fired generators can start up with just a few seconds of notice to easily provide support for a stressed ERCOT grid.
Exxon Aims to Boost Guyana Gas Production, Explore Export Options
Production capacity in Guyana is expected to surpass 1.7 MMbbl/d, with gross production growing to 1.3 MMbbl/d by 2030.
Polar LNG Express: North American NatGas Dynamics to Change with LNG Canada
The next major natural gas export project in North America has a location advantage with Asian markets. LNG Canada opens up a new pathway that will change the price dynamics for producers.
Matador Touts Cotton Valley ‘Gas Bank’ Reserves as Prices Increase
Matador Resources focuses most of its efforts on the Permian’s Delaware Basin today. But the company still has vast untapped natural gas resources in Louisiana’s prolific Cotton Valley play, where it could look to drill as commodity prices increase.