Coterra Takes Harkey Sand ‘Row’ Show on the Road

With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.

November 20, 2024

LandBridge Expands in Southern Delaware Basin with $245MM Acquisition

LandBridge is acquiring approximately 46,000 largely contiguous surface acres in the Wolf Bone Ranch from a subsidiary of Vitol-backed VTX Energy Partners.

November 19, 2024

Harold Hamm: ‘Drill, Baby, Drill’ Faces Geology Barriers, Even Under Trump

Harold Hamm, Continental Resources founder and major Trump donor, says the U.S. faces real barriers to expanding production growth—even with Republicans controlling D.C.—as major shale basins mature.

November 18, 2024

Coterra Eyes Wolfcamp D, Penn Shale Upside with $3.95B Permian M&A

With $3.95 billion in Permian M&A, Coterra is adding new Delaware Basin locations in the Bone Spring, Harkey and Avalon benches—and eyeing upside from deeper zones.

November 15, 2024

CEO: Ovintiv Passes on Permian Prices for More Montney Condensate

Rumored to be a potential buyer in the Permian Basin, Ovintiv instead struck a deal for lower-cost oil and condensate assets in Alberta’s Montney Shale.

November 14, 2024

Coterra to Acquire Permian Assets from Franklin, Avant for $3.95B

Coterra made its long-awaited move to grow dramatically in the Permian, moving on large portions in New Mexico’s Delaware Basin.

November 13, 2024

Devon Ups Delaware Basin Ante With 21-Well Pad, Secondary Zones

Devon Energy is producing record volumes from the Delaware Basin—its biggest asset—where the company drilled a 21-well pad targeting six different intervals in recent months.

November 6, 2024

Diamondback Touts Land, Cheap Gas to Lure Data Centers to Permian

With 65,000 land acres, cheap natural gas and an abundant produced water supply, Diamondback wants to lure power-hungry data centers to West Texas.

November 5, 2024

Proppant Suppliers Covia, Black Mountain Merge to Become Iron Oak Energy Solutions

Iron Oak Energy Solutions will supply proppant to E&P operations in basins across North America.

November 4, 2024

Report: ConocoPhillips Shopping Delaware Basin Assets for $1B Sale

ConocoPhillips has laid out a $2 billion divestiture campaign to reduce debt from a blockbuster acquisition of Marathon Oil.

October 30, 2024