Chris
Mathews
Hart Energy
Shale Plays
CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps
Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global.
Silver Hill Energy Enters Bakken with Liberty Resources Acquisition
Silver Hill Energy Partners LP is getting into the Bakken in North Dakota through the acquisition of Liberty Resources II.
Analysts: Top-Tier Drilling Inventory Shrinking as Well Costs Rise
The cost of supply for North American shale producers is expected to continue rising, according to a recent analysis by Enverus Intelligence Research.
The Future of Shale: ‘The Brainiac Stuff is Coming’
Lab tests show that 90% of oil is still left in rock that’s drilled.
More Top Stories in Shale Plays
Acquisitions & Divestitures, Mergers, Investment
M&A Spotlight Shifts from Permian to Bakken, Marcellus
Potential deals-in-waiting include the Bakken’s Grayson Mill Energy, EQT's remaining non-operated Marcellus portfolio and some Shell and BP assets in the Haynesville, Rystad said.
May 3, 2024
Natural Gas, Earnings, Mergers, Exploration & Production
Chesapeake Stockpiles DUCs as Doubts Creep in Over Southwestern Deal
Chesapeake Energy is stockpiling DUCs until demand returns through growth from LNG exports, power generation and industrial activity.
May 3, 2024
Shale Plays, Acquisitions & Divestitures, Exploration & Production, Drilling
Decoding the Delaware: How E&Ps Are Unlocking the Future
The basin is deeper, gassier, more geologically complex and more remote than the Midland Basin to the east. But the Delaware is too sweet of a prize to pass up for many of the nation’s top oil and gas producers.
May 3, 2024
Exploration & Production, Shale Plays, Crude Oil, Natural Gas
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.
May 3, 2024
Pipelines, Natural Gas, Liquefied Natural Gas (LNG), Earnings
Targa Expects Another Major Permian Pipeline Project This Year
Targa Resources says different projects are falling in place for gas capacity expansion
May 3, 2024
Acquisitions & Divestitures, Gathering & Processing, Compression
Antero Midstream Buys Summit Midstream Assets in $70M Deal
The deal by Antero Midstream strengthens Antero Resources’ gathering and compression in Marcellus Shale.
May 3, 2024
Acquisitions & Divestitures, Finance
Occidental Explores Sale of Permian Assets Worth Over $1B, Sources Say
Occidental Petroleum is exploring a sale of assets in the Barilla Draw region of Texas, which is located within the Delaware portion of the Permian Basin.
May 3, 2024
Acquisitions & Divestitures, Shale Plays, Crude Oil, Natural Gas
Exxon Closes $60B Pioneer Deal, Reshaping Permian Basin
After facing regulatory scrutiny, Exxon Mobil closed a roughly $60 billion acquisition of Pioneer Natural Resources. The largest shale oil transaction ever signed will reshape the order of power in the vast Permian Basin oil field.
May 3, 2024
Lease Sales
Marketed: Delta Minerals Non-producing Sale in Colorado
Delta Minerals LLC has retained EnergyNet for the sale of non-producing minerals in Bent, Cheyenne and Kiowa counties, Colorado.
May 2, 2024
Earnings, Liquefied Natural Gas (LNG), Natural Gas
Tellurian Reports Driftwood LNG Progress Amid Low NatGas Production
Tellurian’s Driftwood LNG received an extension through 2029 with authorization from the Federal Energy Regulatory Commission and the U.S. Army Corps of Engineers.
May 2, 2024