Crude output gains from the Permian Basin will keep U.S. oil production relatively flat entering the 2030s, offsetting declines from mature oily basins, according to Enverus Intelligence Research.
Midstream company Williams saw overall demand growth as heavy gas volumes passed through its network.
Evolution Petroleum said the company added 300 gross undeveloped locations and more than a dozen DUCs.
Permian Resources also reported its integration of Earthstone Energy’s assets is ahead of schedule and raised expected annual synergies from the deal.
Crescent Point Energy is divesting non-core assets to boost its portfolio for long-term sustainability and repay debt.
An undisclosed seller has retained EnergyNet for the sale of a Mississippian play opportunity in the Bennet 0607-22-27-1MXH in Grady County, Oklahoma.
DLH Capital LLC has retained EnergyNet for the sale of a 14 well package SCOOP/STACK opportunity in Blaine, Caddo, Canadian and Grady counties, Oklahoma.
IOG Resources acquired interests in the Denver-Julesburg Basin from Civitas Resources.
Tamboran Resources Corp. is majority owned by Permian wildcatter Bryan Sheffield and chaired by Haynesville and Eagle Ford discovery co-leader Dick Stoneburner.
Exxon Mobil plans to drill longer, more capital efficient wells in the Midland Basin after a major boost from the $60 billion Pioneer Natural Resources acquisition. Data shows that Exxon is a leading operator drilling 4-mile laterals in the Permian’s Delaware Basin.