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.
Midstreamers Say Need for More Permian NatGas Pipelines Inevitable
The Permian Basin’s associated gas output could outstrip the region’s planned capacity well before the end of the decade, pipeline company executives said.
Power Players: Riley Permian Natgas, Conduit Electrifying Permian
Riley Permian and Conduit Power are working together to use natural gas to power the Permian Basin and ERCOT.
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.