Disputed Delaware Basin Acres Excluded in Vital-Point Energy Deal

The 4,000 gross contiguous acres in northern Loving County are involved in litigation with Matador Resources, which the Texas Supreme Court ruled lost its lease.

E&P Highlights: July 29, 2024

Here’s a roundup of the latest E&P headlines including Energean taking FID on the Katlan development project and SLB developing an AI-based platform with Aker BP.

International, Tech Drive NOV’s 2Q Growth Amid US E&P Headwinds

Despite a U.S. drilling slowdown, slightly offset by Permian Basin activity, NOV saw overall second-quarter revenue grow by 6%, although second-half 2024 challenges remain in North America.

New Wells Underway: Private E&Ps Pulled 40% of US Permits in May

Private E&Ps are keeping pace with public operators in taking permits for new-drill horizontals across the Lower 48, according to a research report.

Beyond the Horizon: Exploring the Permian’s Longest Laterals

Horizontally drilled lateral wells are all the rage in the Permian Basin. Let’s take a look at the 10 longest wells drilled in the Basin.

E&P Highlights: July 15, 2024

Here’s a roundup of the latest E&P headlines, including Freeport LNG’s restart after Hurricane Beryl and ADNOC’s deployment of AI-powered tech at its offshore fields.

Are 3-mile Laterals Worth the Extra Mile?

Every additional foot increases production, but it also increases costs.

Enverus Inventory Rankings: Pinpointing Shale’s Best Remaining Runway

The Montney Shale steals the spotlight in Enverus’ play rankings, while the Eagle Ford draws plaudits for its resilience.

‘Too Many’ Players: Oilfield Services Feel Permian M&A Crunch—Dallas Fed

After a historic run of E&P consolidation, oilfield services and equipment providers in the Permian are competing to woo a dwindling number of upstream customers, according to the second-quarter Dallas Fed Energy Survey.

Surge of Longer Lateral Drilling to Enhance Reservoir Recovery

With energy demand growing, operators look to supply hydrocarbons by drilling longer wells.