More Top Stories in Shale Plays
Oxy CEO Hollub on Divestment Plans: This is Not a ‘Fire Sale’
Occidental Petroleum is keeping under wraps what it might sell to prevent compromising “our ability to maximize the value,” CEO Vicki Hollub said during an Aug. 8 earnings call.
Energy Transfer’s Warrior Shrugs Off Newly Announced NatGas Pipeline
Energy Transfer said the July 31 announcement of the new Permian Basin Blackcomb natural gas pipeline will have “zero” effect on its Warrior Pipeline.
Newly Public LandBridge Closes Three Surface Acquisitions
LandBridge’s acquisitions in second-quarter 2024 bring its total Permian Basin surface position to approximately 220,000 acres.
SM, Vital Reveal Wildcatting for Permian Barnett and Woodford Oil
SM Energy has landed two tests in its Midland Basin leasehold, while Vital Energy reports it’s drilled four. SM’s IPs are promising, while Vital has just begun flowback.
With ‘Pipeline of M&A,’ Crescent Ready for Another Deal
Fresh off closing its $2.1 billion SilverBow Resources acquisition, Crescent CEO David Rockecharlie told investors, “we are just getting started.”
Diamondback Curtails Permian Oil Output Amid Associated Gas Glut
Diamondback Energy, one of the Permian’s largest oil producers, curtailed some Permian oil output to limit associated gas production. Permian gas output is near record highs, and takeaway capacity out of the basin is bottlenecked.
EnLink Expects Matterhorn Line Operational by September
EnLink’s JV partners cited the effects from Hurricane Beryl causing slight delays in the Matterhorn Express Pipeline.
Devon Capitalizing on Bakken, Eagle Ford Refracs
Devon Energy’s Delaware Basin production dominated the quarter for the multi-basin E&P, but the company is tapping into recompletion opportunities to supplement production, executives said.
Blackcomb Takes Lead in Permian Pipeline Race for 2026
With WhiteWater Midstream’s announced Blackcomb, other proposed lines by Energy Transfer, Targa Resources and Kinder Morgan’s may shift to a later date or be scrapped.
Exclusive: Aethon M&A Gambit Pays Off with Woodside-Tellurian Deal
Aethon Energy, already a large LNG feed-gas supplier, sees Woodside’s acquisition of Tellurian and the Driftwood LNG project as a validation of the natural gas industry’s prospects.