More Top Stories in Shale Plays
Permian E&P Midway Energy Partners Secures Backing from Post Oak
Midway Energy Partners will look to acquire and exploit opportunities in the Permian Basin with backing from Post Oak Energy Capital.
Report: Devon Energy Targeting Bakken E&P Enerplus for Acquisition
The acquisition of Enerplus by Devon would more than double the company’s third-quarter 2023 Williston Basin production.
McKinsey: US Output Hinges on E&P Capital Discipline, Permian Well Trends
U.S. oil production reached record levels to close out 2023. But the future of U.S. output hinges on E&P capital discipline and well-productivity trends in the Permian Basin, according to McKinsey & Co.
Global Energy Watch: Corpus Christi Earns Designation as America's Top Energy Port
The Port of Corpus Christi began operations in 1926. Strategically located near major Texas oil and gas production, the port is now the U.S.’ largest energy export gateway, with the Permian Basin in particular a key beneficiary.
Tellurian Exploring Sale of Upstream Haynesville Shale Assets
Tellurian, which in November raised doubts about its ability to continue as a going concern, said cash from a divestiture would be used to pay off debt and finance the company’s Driftwood LNG project.
Vital Energy Again Ups Interest in Acquired Permian Assets
Vital Energy added even more working interests in Permian Basin assets acquired from Henry Energy LP last year at a purchase price discounted versus recent deals, an analyst said.
Chevron Hunts Upside for Oil Recovery, D&C Savings with Permian Pilots
New techniques and technologies being piloted by Chevron in the Permian Basin are improving drilling and completed cycle times. Executives at the California-based major hope to eventually improve overall resource recovery from its shale portfolio.
NOG Closes Utica Shale, Delaware Basin Acquisitions
Northern Oil and Gas’ Utica deal marks the entry of the non-op E&P in the shale play while it’s Delaware Basin acquisition extends its footprint in the Permian.
Magnolia Oil & Gas Hikes Quarterly Cash Dividend by 13%
Magnolia’s dividend will rise 13% to $0.13 per share, the company said.
Aethon’s Far Western Haynesville: Three Wells, 17.5 Bcf and Still Roaring
Aethon’s wells show no signs of flatlining—and neither are Comstock Resources’ tests, one of which has already reached nearly 50% of its previously estimated EUR.