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.
Utica’s Encino Adds Former Marathon Director to Board
Brent J. Smolik, who most recently served on Marathon Oil’s board until its merger with ConocoPhillips, will join Encino Acquisition Partners as a director.
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.
NOG Commits Up to $160MM to Appalachian Basin Joint Venture
Northern Oil and Gas has entered a joint development program with an Appalachian Basin operator, which wasn’t named, in exchange for a 15% working interest, the company said.
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.
Pickering: Will Improving Drilling Efficiencies Outrun Inventory-led M&A?
Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners.
CNX’s $505MM Bolt-On Adds Marcellus, Deep Utica in Pennsylvania
CNX Resources CEO Nick Deluliis said the deal to buy Apex Energy underscores CNX’s confidence in the stacked pay development opportunities unlocked in the deep Utica.
Utica Play Economics Are Middleweight, Enverus Says
Returns in America’s modest, middleweight oil play, are above the Bakken and Eagle Ford, but rank below the Midland, Delaware and Denver-Julesburg basins, Enverus reported.
Q&A: Exxon Mobil Pioneers the Permian and Guyana
Liam Mallon, Exxon Mobil’s upstream president, discusses how XOM liquids production has hit a 40-year high on the 25th anniversary of the Exxon-Mobil merger, and plans for the future.
Utica Oil E&P Infinity Natural Resources’ IPO Gains 7 More Bankers
Infinity Natural Resources’ IPO is expected to provide a first-look at the public market’s valuation of the Utica oil play.