Commentary: Maximizing the Opportunity for Energy Dominance

Energy produced in the U.S. already has a strong grip on global markets. But with the country on the cusp of a new regulatory environment, will the U.S. capitalize on the opportunity to maximize energy dominance?

December 18, 2024

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

PHX Minerals Explores Sale After Rejecting Acquisition Bids

PHX Minerals hired bankers to explore a potential merger or sale of the firm, which manages assets across the Midcontinent and Haynesville Shale play. PHX has rejected multiple unsolicited acquisition bids in the past two years.

December 13, 2024

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.

December 9, 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

Pickering: Will Improving Drilling Efficiencies Outrun Inventory-led M&A?

Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners.

December 8, 2024

As Upstream M&A Settles, Oilfield Services Gear Up for More Deals

Within the first nine months of 2024, oilfield services dealmaking hit $19.7 billion—the highest since 2018, according to Deloitte.

December 6, 2024

Utica Play Economics Are Middleweight, Enverus Says

Returns in America’s modest, middleweight oil play, are above the Bakken and Eagle Ford, but rank below the Midland, Delaware and Denver-Julesburg basins, Enverus reported.

December 4, 2024

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.

December 4, 2024

Crescent Upsizes Stock Offering, Offers Debt for Ridgemar Acquisition

Crescent Energy is offering 21.5 million shares of its stock and borrowing additional funds to pay for the cash portion of a $905 million acquisition of Ridgemar Energy.

December 4, 2024