Pioneer Energy’s Tech Offers More Pad Throughput, Fewer Emissions
Pioneer Energy’s Emission Control Treater technology reduces emissions and can boost a well’s crude yield by 5% to10%, executives say.
DOE Awards Pioneer Energy $27MM for Emissions Reduction Projects
Pioneer Energy said it will allocate most of the funds toward advancing its Emission Control Treater, a near zero emissions well pad production technology, as it implements projects in the Eagle Ford, Cotton Valley and Colorado.
The Explosive Evolution of Fracking: A 75-Year Journey
Despite some initial resistance to the idea, Halliburton and Stanolind Oil pioneered the hydraulic fracturing that led to the shale boom.
Matador Resources Credit Facility Upped by 30% to $3.25B
Matador Resources’ 19 lenders unanimously approved a 30% increase to the E&Ps borrowing base to $3.25 billion.
Chevron’s Texas Haynesville May Fetch $1B from Tokyo Gas—Report
Chevron holds more than 70,000 net acres in Panola County, Texas, but had only five Haynesville wells on the acreage at year-end 2023.
Aethon Brings on Fourth Monster Haynesville Wildcat in North Houston
Aethon Energy’s latest well made 2.6 Bcf in its first 3.5 months online. The new play’s first 15 wells to date have made 100.3 Bcf, averaging 21 MMcf/d over a combined 159 months.
Exclusive: Sabine CEO says 'Anything's Possible' on Haynesville M&A
Sabine Oil & Gas CEO Carl Isaac said it will be interesting to see what transpires with Chevron’s 72,000-net-acre Haynesville property that the company may sell.
Tokyo Gas to Buy Rockcliff Energy’s Haynesville Assets for $2.7B
Tokyo Gas said acquiring Rockcliff would jumpstart its U.S. production volumes from approximately 330 MMcf/d to 1,300 MMcf/d.
Outfitter Energy Capital Closes New Fund Focused on US Shale
Proceeds from the new fund were used to purchase an existing portfolio of assets in the Marcellus, Woodford and Cotton Valley gas plays from affiliated Outfitter managed funds.
On the Market Oil and Gas Quicklist (Week of July 20, 2022)
Here’s a quicklist of oil and gas assets on the market including an Abraxas Petroleum Delaware Basin opportunity in Pecos County, Texas, plus an Excess Energy multibasin royalty divestiture.