Securing federal drilling permits, further proving the merits of midspacing wells, making free cash flow, achieving scale and finding an exit or, if not, how to go forward otherwise. Here’s what’s on the minds of oil and gas operators in the Delaware Basin today.
Castleton Resources is now the U.S. E&P consolidation platform of investment-grade Tokyo Gas Co. Ltd.
Nymex paper-trading of WTI crude futures normally represents the spot price. On April 20, the paper was worth less than zero.
A conventional, stratigraphic trap in Scurry County on the Permian Basin’s Eastern Shelf doesn’t cover hundreds of thousands of acres like shale plays. But the wells are just as good. And, for private wildcatters, they’re particularly great.
Kicked out of the club in 2012, the Haynesville was resurrected beginning in 2017 to take on the mighty Marcellus in metrics, aided by a proximity-to-market kicker. Now, it’s taking on oil basins at the IRR weigh-in.
Zero- and lightly levered private operators throughout U.S. oil basins are on the lookout to buy—and not just where they operate currently. These five producers—in Wyoming, Oklahoma, Colorado and South Texas—share their plans.
Several oilfield service shops have cash and no or little debt. They plan to expand.
Energy banking in a pandemic that has diminished global oil and gas demand by at least 25%? A 38-year energy finance attorney and author of a history of oil and gas finance describes what the space looks like today.
U.S. tight rock oil production exceeded 9 million barrels per day in March, according to the U.S. Energy Information Administration. The story began 20 years ago in Richland County, Mont., with a prospector, two wildcatters, Halliburton and a bold venture: land a lateral in the middle Bakken—and frac it.
We’re taking a departure from the normal here. But what’s ‘normal’ right now anyway? And what will be normal next quarter? So, we asked.
