Push-Button Fracs: AI Shaping Well Design, Longer Laterals
From horseshoe wells to longer laterals, NexTier, Halliburton and ChampionX are using artificial intelligence to automate drilling and optimize completions.
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.
ConocoPhillips: Longer Laterals Coming to Delaware Basin After Marathon Close
After closing a $17.1 billion acquisition of Marathon Oil, ConocoPhillips’ Delaware Basin leader sees opportunities to drill longer laterals and investigate secondary benches underground.
LandBridge Closes Deal for 5,800 Acres in New Mexico's Delaware Basin
LandBridge said it announced or closed acquisitions totaling 53,080 acres in fourth-quarter 2024.
Exclusive: Why Family Offices Favor ‘Lower-Risk’ Oil, Gas Investments
Evan Smith, Stephens’ senior vice president for investment banking, describes growth in the company’s network of family offices, specifically those investing in the energy sector, in this Hart Energy Exclusive interview.
Electrification of Permian Faces a Problem: Not Enough Shock for the System
Permian Basin producers may have to wait years for Texas utilities to grow the grid.
Boosted by Oxy Deal, Permian Resources Expects to Grow in Delaware
Permian Resources Co-CEO Will Hickey expects more growth in the Delaware Basin thanks to his company’s advantageous cost structure.
Oxy CEO Hollub Sees More Consolidation Coming in Permian, Globally
Occidental Petroleum CEO Vicki Hollub names emissions and water management as top challenges for Permian operators and an incentive for growth.
Water Management Called ‘Massive Headwind’ for Permian Operators
Amanda Brock, CEO of Aris Water Solutions, says multiple answers will be needed to solve the growing amounts of produced water generated by fracking.