Falcon, Tamboran Spud Second Well in Australia’s Beetaloo
Falcon Oil & Gas Ltd., with joint venture partner Tamboran, have spud a second well in the Shenandoah South Pilot Project in the Beetaloo.
McKinsey: Big GHG Mitigation Opportunities for Upstream Sector
Consulting firm McKinsey & Co. says a cooperative effort of upstream oil and gas companies could reduce the world’s emissions by 4% by 2030.
ConocoPhillips: Longer Laterals Coming to Delaware Basin After Marathon Close
After closing a $17.1 billion acquisition of Marathon Oil, ConocoPhillips’ Delaware Basin leader sees opportunities to drill longer laterals and investigate secondary benches underground.
Electrification of Permian Faces a Problem: Not Enough Shock for the System
Permian Basin producers may have to wait years for Texas utilities to grow the grid.
Permian Trends Continue to Point to Crude Growth
Smaller, more creative M&A deals are becoming the standard in the Permian’s Midland and Delaware basins, an Enverus analyst says.
Coterra Takes Harkey Sand ‘Row’ Show on the Road
With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.
Expand Foresees Drilling U-Turns in Appalachia
As Expand Energy leans into its newly combined Chesapeake-Southwestern acreage, Tim Beard, the company’s vice president of drilling, would be “surprised” if Expand did not drill U-turn wells in the Appalachian Basin.
Exclusive: MPLX's Liquid Lines Support Growing NGL Exports
MPLX Executive Vice President and COO Greg Floerke delves into the company evolution in Appalachia and the increase in its liquids exports and production scale, in this Hart Energy Exclusive interview.
LandBridge Expands in Southern Delaware Basin with $245MM Acquisition
LandBridge is acquiring approximately 46,000 largely contiguous surface acres in the Wolf Bone Ranch from a subsidiary of Vitol-backed VTX Energy Partners.
Exclusive: Surge Energy Seeks Midland M&A with $1.3B in Dry Powder
Surge Energy is one of the largest private oil producers in the Permian Basin. With $1.3 billion in dry powder to put to work, Surge is scouring the northern Midland Basin for M&A, executive Travis Guidry told Hart Energy.