Private E&P Point Energy Triples Delaware Basin Production to 15,000 bbl/d
Point Energy Partners has since brought on an additional 15 wells and has 12 more coming online later this year in Ward County, Texas, while its leasehold in northern Loving County is tied up in a dispute with Matador Resources.
Chesapeake COO: Shale Gas Basins See Exploration, Step-out Activity
U.S. gas producers continue to wade through low commodity prices, a situation made even stickier by record Permian gas production, said Chesapeake COO Josh Viets. But with a “constructive” natural gas market on the horizon, producers are consolidating and exploring for drilling runway.
Northern Midland: EOG Brings on Dean Oil Well in SE Dawson Stepout
EOG Resources has not stated yet that Dawson County is the location of its new “stealth play.” It remained mum in an investment-banking conference this week.
Permian Surface-owner LandBridge to Raise up to $367MM in IPO
Houston-based LandBridge holds some 220,000 surface acres in the Delaware Basin.
URTeC: E&Ps Tap Refrac Playbook for Eagle Ford, Bakken Inventory
Refracs and other redevelopment projects might not be needle-moving growth drivers—but they’re becoming more common for E&Ps levered in maturing plays like the Eagle Ford and Bakken, experts discussed at URTeC 2024.
Laying in Wait: San Juan’s ‘Remarkable’ Mancos Shale Oil Wells
The past decade has been difficult for the San Juan Basin, which suffered from a lack of activity and exits by major operators. But experts say inventory-hungry operators shouldn’t overlook the San Juan’s long-term potential.
Aramco to Source Shale Feed-gas from NextDecade’s RGLNG Train 4
Aramco looks to offtake LNG from NextDecade Corp.’s Rio Grande LNG Train 4 in Brownville, Texas. A move that will source feed-gas from the Permian and Eagle Ford.
Permian To Drive Two-thirds of US Oil Output Growth Through '25 – EIA
The Permian Basin will drive U.S. oil production growth for the foreseeable future, according to the U.S. Energy Information Administration. But Permian associated gas growth continues to pressure the natural gas industry.
NatGas Punches Above $3 Thanks to Summer Heat, Curtailments
Natural gas prices, stuck in the doldrums since January, have been slowly rising since May.
Hunt Oil Co. Markets DJ, Midcontinent-heavy Minerals Package
Hunt Oil Co., one of the nation’s oldest family-owned oil companies, is marketing minerals and royalties across several major basins.