Winter Storm Snarls Gulf Coast LNG Traffic, Boosts NatGas Use

A winter storm along the Gulf Coast had ERCOT under strain and ports waiting out freezing temperatures before reopening.

January 22, 2025

Formentera Joins EOG in Wildcatting South Texas’ Oily Pearsall Pay

Known in the past as a “heartbreak shale,” Formentera Partners is counting on bigger completions and longer laterals to crack the Pearsall code, Managing Partner Bryan Sheffield said. EOG Resources is also exploring the shale.

January 21, 2025

Enverus: M&A Set to Cool with Smaller Deals, Higher Breakevens

With fewer acquisition targets, Enverus Intelligence Research said the quality of acquired inventory is declining, with breakevens averaging $50/bbl in 2024 versus $45/bbl in 2022 and 2023.

January 21, 2025

Bernstein Expects $5/Mcf Through 2026 in ‘Coming US Gas Super-Cycle’

Bernstein Research’s team expects U.S. gas demand will grow from some 120 Bcf/d currently to 150 Bcf/d into 2030 as new AI data centers and LNG export trains come online.

January 15, 2025

Pickering Prognosticates 2025 Political Winds and Shale M&A

For oil and gas, big M&A deals will probably encounter less resistance, tariffs could be a threat and the industry will likely shrug off “drill, baby, drill” entreaties.

January 14, 2025

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.

January 14, 2025

Shale Outlook: Power Demand Drives Lower 48 Midstream Expansions

Rising electrical demand may finally push natural gas demand to catch up with production.

January 10, 2025

On The Market This Week (Jan. 6, 2025)

Here is a roundup of listings marketed by select E&Ps during the week of Jan. 6.

January 10, 2025

Shale Outlook: E&Ps Making More U-Turn Laterals, Problem-Free

Of the more than 70 horseshoe wells drilled to date, half came in the first nine months of 2024 as operators found 2-mile, single-section laterals more economic than a pair of 1-mile straight holes.

January 9, 2025

Phillips 66 Makes EPIC Move to Strengthen South Texas Position

Phillips 66’s $2.2 billion deal with EPIC allows for further integration of its South Texas NGL network.

January 9, 2025