Exxon’s Custom, Lightweight Proppant Boosts Permian EURs by 15%
Exxon is lowering drilling and completion costs, boosting EURs by 15% with custom proppant and considering upside from less developed Permian Basin zones.
Marketed: Berlin Resources Woodford Shale Opportunity
Berlin Resources has retained EnergyNet for the sale of working interest participation in McClain County, Oklahoma.
PHX Minerals Explores Sale After Rejecting Acquisition Bids
PHX Minerals hired bankers to explore a potential merger or sale of the firm, which manages assets across the Midcontinent and Haynesville Shale play. PHX has rejected multiple unsolicited acquisition bids in the past two years.
Midcontinent NatGas Pipeline Seeks Permit to Boost Capacity
Southern Star Central Gas Pipeline told the FERC more natural gas is needed for markets in Kansas and Missouri.
Devon CEO Muncrief to Retire, COO Gaspar to Take Top Job in March
Devon Energy President and CEO Rick Muncrief, who has led Devon during past four years, will retire March 1. The board named COO Clay Gaspar as his successor.
Kolibri CEO Expects Tishomingo Well Pad to be 'More Economic'
Kolibri Global Energy Inc., an operator in the Tishomingo Field in Oklahoma, reported strong performance at its Alicia Renee well pad.
Marketed: Berlin Resources Anadarko Basin Opportunity
Berlin Resources has retained EnergyNet for the sale of a working interest opportunity in Roger Mills County, Oklahoma.
Scout Taps Trades, Farm-Outs, M&A for Uinta Basin Growth
With M&A activity all around its Utah asset, private producer Scout Energy Partners aims to grow larger in the emerging Uinta horizontal play.
Jefferies: With Permian Locked Up, E&Ps Hunt for New L48 Runway
With the core of the Permian Basin largely locked up, “intrepid operators” are hunting for runway in more nascent Lower 48 basins and in less developed Permian benches.
Vivakor Expands Crude Gathering Network in Oklahoma STACK
Midstream company Vivakor is building its network following the October acquisition of Endeavor Crude.