J. Russell Porter will remain with Gastar during a transitional period to assist Schuyler. He will also remain available to the company on a consulting basis.
Operators active in the Permian, Bakken and Midcontinent are maximizing IPs and EURs for their bucks. These operators Laredo Petroleum, Continental Resources and WPX Energy talk about new subsurface technologies that are giving them an edge.
As resource plays lead to manufacturing techniques in development, artificial intelligence is increasingly helping in landing wells and completing them. Experts in the field from Devon Energy, Laredo Petroleum and Tudor, Pickering, Holt & Co. discuss tools and results in deploying machine learning.
Developers including Sanchez Energy, Oasis Petroleum and Alta Mesa Holdings discuss how they’re driving down costs and driving up returns in shale plays from the Rockies to Appalachia and from South Texas and West Texas to the Midcontinent.
With private-equity dollars, these operators FourPoint Energy, Great Western Oil & Gas and Greylock Energy are at work in basins across the U.S. from the Rockies to Appalachia in the midst of heated competition for land. This is how they’re turning bucks into barrels and Bcfs.
These producers Goodrich Petroleum, Earthstone Energy and Gastar Exploration have each zeroed in on basins strategic to their portfolios, driving efficiencies and scale, from the oily Permian, Eagle Ford and Stack to dry-gas Northwest Louisiana. Here’s how they are achieving best-in-class returns within their focus areas.
STEP Energy Services said the acquisition of Tucker gives it an "efficient and strategic entry" into the U.S. fracking market and also complements its existing coiled tubing presence in the Permian and Eagle Ford.
Chesapeake said it will focus on the Powder River Basin across Montana and Wyoming to tap gas reserves and expects new wells to be "a lot more economic."
Continental Resources posted a better-than-expected quarterly profit on Feb. 21, helped by rising production in the Bakken and Oklahoma shlae plays and surging crude prices.
Citizen Energy CEO Greg Augsburger loves the Anadarko Basin but is unconvinced by the ‘in vogue’ pure-play trend, preferring to chase rocks that give the best results.