Vital, NOG Close $1.1B Acquisition of Delaware Basin’s Point Energy
Point Energy Partners, backed by Vortus Investments Advisors, sold its Delaware Basin acreage at 40,000 boe/d of production to Vital Energy and Northern Oil and Gas for $1.1 billion.
Matador Offers $750 Million in Senior Notes Following Ameredev Deal
Matador Resources will offer $750 million in senior notes following the close of its $1.83 billion Ameredev II acquisition.
Permian Prowl: Exploratory Drilling, Permitting Up for Permian Barnett Wells
In the never-ending hunt for Permian drilling locations, a growing number of operators are testing wells in less-developed formations and the basin’s extensional fringes.
BPX Expands Its US Shale Game
BPX CEO Kyle Koontz delves into development plans in the Permian, Eagle Ford and Haynesville.
Northern Midland: EOG Brings on Dean Oil Well in SE Dawson Stepout
EOG Resources has not stated yet that Dawson County is the location of its new “stealth play.” It remained mum in an investment-banking conference this week.
Found in Mitchell County, Permian Basin: 2.5-mile Wolfcamp Stepouts
Bayswater Exploration & Production has taken its Midland Basin oil play far east into Mitchell County where a high carbonate content “gives us a chance to really compete with the big guys.”
Exclusive: Devon Energy Weighing More ‘Unmatched’ Delaware Inventory
Devon Energy’s John Raines delves into capital allocation trends in the Delaware Basin and why the region is attractive to Devon’s operations, in this Hart Energy Exclusive interview.
Apache CEO: Longer Laterals Expected as Permian Enters New Era
With more than a decade of development in the Midland and Delaware basins, there are more limitations that operators will have to work around, said Apache Corp. CEO John Christmann at Hart Energy's SUPER DUG Conference & Expo.
Decoding the Delaware: How E&Ps Are Unlocking the Future
The basin is deeper, gassier, more geologically complex and more remote than the Midland Basin to the east. But the Delaware is too sweet of a prize to pass up for many of the nation’s top oil and gas producers.
Mighty Midland Still Beckons Dealmakers
The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin's core, following a historic consolidation trend.