Baytex Energy closed its $2.2 billion acquisition of Ranger Oil Corp., adding scale to the Canadian operator’s position in the Eagle Ford Shale.
In a transaction likely worth about $300 million, Mesquite Energy made its second divestiture of Eagle Ford assets in a month following a deal with Crescent Energy.
Water management and ESG goals move in tandem across the Permian, Eagle Ford, Bakken and Appalachian regions.
Recompletions in the Eagle Ford are underway, with future refrac wells identified by companies such as Devon Energy and Murphy Oil.
Kinder Morgan’s expansion, for which it is soliciting interested shippers, will increase working storage capacity by more than 6 Bcf, the company said.
The Acadian expansion is one of multiple projects totaling $3.8 billion Enterprise plans to put in service in 2023.
As producers scramble to extend their inventory runways, companies are drilling deeper test wells in the Permian Basin and exploring emerging plays in the Lower 48.
Volatility exists in every corner of the market, but demand is the real wild card.
In the shadow of the Permian Basin, Citizen Energy, an Oklahoma company busy in the Anadarko Basin, portrayed itself as a “great target” at SUPER DUG.
ConocoPhillips is not just the largest unconventional producer, but its Midland, Delaware, Eagle Ford and Bakken positions average $32 WTI breakevens, the company’s Lower 48 chief said at Hart Energy’s SUPER DUG conference.