Private operators are likely to let rigs go first, beginning in the Midcontinent and Powder River Basin, then the Eagle Ford, Bakken and Permian, according to J.P. Morgan Securities.
The trifecta of endorsements assures Expand Energy, the largest gas producer in the U.S., a seat alongside EQT Corp. at the LNG and AI data center gas-supply negotiating tables.
Formentera Partners’ 1.5-mile Hurrikain Cat I-STX #S731H’s lateral was made in Pearsall at about 10,000 ft, updip of where past Pearsall tests results were mostly gassy.
Drillers in Irion County are stepping up the pace this year, D&C’ing already as many wells as were brought online in all of 2024. The county has a “bad reputation” for being gassy but is showing up with 76%-plus oil wells.
Diamondback Energy, SM Energy and Occidental Petroleum are adding Dean laterals to multi-well developments south of the Dean play’s hotspot in southern Dawson County, according to Texas Railroad Commission data.
The Federal Trade Commission has announced it is seeking comment on potentially rescinding bans on Pioneer Natural Resources’ Scott Sheffield and Hess Corp.’s John Hess from serving on the boards of companies that acquired their E&Ps.
Stepping up power for data centers “is a phenomenal opportunity here that our industry has to take advantage of. We have to get this right,” the Hamm Institute for American Energy’s executive director Ann Bluntzer Pullin said.
Kimmeridge Texas Gas CEO David Lawler discusses the company's approach to doubling gas production to 1 Bcf/d and pending regulatory project approvals, in this Hart Energy Exclusive interview.
Some E&P leaders told Hart Energy the newly low oil prices aren’t good for business, while others said they will be fine in the long run.
Rockcliff Energy III is building on past experiences as it explores deeper in the Haynesville, CEO Sheldon Burleson told Hart Energy at DUG Gas.
