More Top Stories in Shale Plays
CPX Energy Grows in the Delaware with Farm-in, Development Agreements
CPX Energy also began spudding a three-well pad in the Wolfcamp Shale.
Sixth Street Buys Permian, Anadarko Minerals for $500MM
Oklahoma City’s Echo Minerals sold mineral and royalty acreage in the Permian and Anadarko basins to Sixth Street Partners.
Matador Resources Buys EnCap E&P Ameredev II for $1.9B
Matador Resources is expanding its Delaware Basin footprint in West Texas and New Mexico with the acquisition of EnCap-backed operator Ameredev II.
Montney Pure-play Advantage Energy Makes $326MM Acquisition
Calgary-based Advantage Energy is acquiring undeveloped inventory and around 14,100 boe/d of production in a CAD$450 million (USD$326.77 million) deal with a private seller.
NatGas Punches Above $3 Thanks to Summer Heat, Curtailments
Natural gas prices, stuck in the doldrums since January, have been slowly rising since May.
Utica Oil: Encino Energy’s Liquids Wells Top the Charts in Ohio
Encino Energy’s first-quarter wells took the top five spots in Ohio as the company’s liquids output accounted for more than half of the state’s 7.23 MMbbl first-quarter total.
Exclusive: XCL Increases Production Amidst Lookout for More Inventory
XCL Resources is beginning its journey to acquire Altamont Energy, but in the meantime, the company is refining its operations in the Uinta Basin to find the perfect lateral length.
Hunting for Growth: Petro-Hunt Digs Deeper into Delaware, Williston
Dallas-based Petro-Hunt, one of the nation’s largest private oil and gas producers, is drilling in the Permian and Williston basins—and keeping an eye out for accretive M&A.
Vital Energy’s 57 Miles of Completed Lateral: A Midland Mega-unit
Vital Energy’s 20-well unit in southwestern Glasscock County, Texas, is producing some 18,000 bbl/d from some 300,000 feet of horizontal hole — the equivalent of more than two marathons.
Found in Mitchell County, Permian Basin: 2.5-mile Wolfcamp Stepouts
Bayswater Exploration & Production has taken its Midland Basin oil play far east into Mitchell County where a high carbonate content “gives us a chance to really compete with the big guys.”