EOG Ramps Gassy Dorado, Oily Utica, Slows Delaware, Eagle Ford D&C

EOG Resources will scale back on Delaware Basin and Eagle Ford drilling and completions in 2025.

March 16, 2025

USGS: 47 MMbbl of Oil, 876 Bcf of Gas in Conventional Rockies’ Basins

The U.S. Geological Survey surveyed areas where potential hydrocarbons in as yet undiscovered oil and gas formations in the Wind River, Bighorn and Powder River basins.

March 13, 2025

Amplify Updates $142MM Juniper Deal, Divests in East Texas Haynesville

Amplify Energy Corp. is moving forward on a deal to buy Juniper Capital portfolio companies North Peak Oil & Gas Holdings LLC and Century Oil and Gas Holdings LLC in the Denver-Julesburg and Powder River basins for $275.7 million, including debt.

March 6, 2025

TGS Expands CO2 Storage Assessments Across Gulf Coast, Midwest

TGS is offering information to aid in successful carbon sequestration, including basin-scale stratigraphy, reservoir properties, formation penetration and the associated risks related to pressure and seals.

February 12, 2025

Artificial Lift Firm Flowco’s Stock Surges 23% in First-Day Trading

Shares for artificial lift specialist Flowco Holdings spiked 23% in their first day of trading. Flowco CEO Joe Bob Edwards told Hart Energy that the durability of artificial lift and production optimization stands out in the OFS space.

January 21, 2025

Amplify to Add D-J, Powder River Assets in Merger Agreement with Juniper Capital

Amplify Energy Corp. is combining with certain Juniper Capital portfolio companies in a merger agreement that adds 287,000 acres in the Denver-Julesburg and Powder River basins.

January 15, 2025

PRB’s Sage Butte Ready for M&A Across Lower 48, Maybe Canada Too

Private E&P Sage Butte Energy, which operates in the Powder River Basin, is less interested in the Permian Basin, citing the cost of entry.

January 8, 2025

Novel EOR Process Could Save Shale from a Dry Future

Shale Ingenuity’s SuperEOR, which has been field tested with positive results, looks to remedy the problem of production declines.

December 17, 2024

Devon CEO Muncrief to Retire, COO Gaspar to Take Top Job in March

Devon Energy President and CEO Rick Muncrief, who has led Devon during past four years, will retire March 1. The board named COO Clay Gaspar as his successor.

December 9, 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