As lower oil prices cut into profits, causing many to idle rigs amid plentiful supplies, some operators have added being less complex and more nimble to their survival kit.
The acquisition will nearly double Ring's daily production from its Permian Basin assets while also creating another core growth area in West Texas.
Liquids-oriented E&P not afraid to drill vertically, deploy technology to gain the best economics in the Delaware Basin.
Riverstone has spent the past two years beefing up companies in Norway, the Midcontinent, Mexico, the Bakken, Permian Basin and continues to make energy bets despite a down market.
Should low oil prices persist, borrowing-base determinations in the fall may be more severe than during this past spring. Here’s why, and what borrowers can do about it.
Part of Oil and Gas Investor's Excellence Awards: Best Discovery
Continental Resources was happy enough with its successful Woodford Shale program, but its Springer Shale discovery topped that, both geographically and economically.
Bigger wells, and much-needed infrastructure coming within 18 months, will show what the Utica Shale is made of.
With private-equity giant KKR funding his acquisition appetite, Fleur de Lis founder, chairman and CEO Porter Trimble is on a mission to grow the upstart E&P into the upper echelons of private producers.