Pickering Prognosticates 2025 Political Winds and Shale M&A

For oil and gas, big M&A deals will probably encounter less resistance, tariffs could be a threat and the industry will likely shrug off “drill, baby, drill” entreaties.

January 14, 2025

Shale Outlook Permian: The Once and Future King Keeps Delivering

The Permian Basin’s core is in full-scale manufacturing mode, with smaller intrepid operators pushing the basin’s boundaries further and deeper.

January 10, 2025

Back to the Future: US Shale is Growing Up

The Patch’s maturity will be tested in 2025 amid ongoing consolidation and geopolitical dissonance.

January 6, 2025

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.

December 16, 2024

Exclusive: Novi Labs’ Ludwig on AI Preventing Costly Drilling Mistakes

Novi Labs President and Co-Founder Jon Ludwig gives insight on how AI and machine learning allow diverse applications for oil and gas operations and less risk for cataclysmic failure, in this Hart Energy Exclusive interview.

December 12, 2024

Exclusive: Early Findings Show Untapped Potential in Barnett Exploration

Steven Jolley, Halliburton’s Permian Basin technology manager, gives insight into potential for new drilling opportunities around Andrews County and efficiencies operators are seeing within the Permian, in this Hart Energy Exclusive interview.

December 3, 2024

Exclusive: Permian’s Relevance in US Oil Production Expected to Increase

Jefferies’ Pete Bowden, the global head of industrial, energy and infrastructure investing, discussed the trajectory of the Permian Basin’s production and the future of M&A in the increasingly consolidated region, in this Hart Energy Exclusive interview.

November 26, 2024

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.

November 26, 2024

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.

November 22, 2024

Exclusive: Surge Energy Seeks Midland M&A with $1.3B in Dry Powder

Surge Energy is one of the largest private oil producers in the Permian Basin. With $1.3 billion in dry powder to put to work, Surge is scouring the northern Midland Basin for M&A, executive Travis Guidry told Hart Energy.

November 19, 2024