San Andres: ‘A Wonderful Place To Be’

Elk Meadows Resources’ CEO said the San Andres Formation has a vast amount of oil and there’s still a lot left.

June 27, 2016

Premium Blend: Strategies And Trends In The Permian With Pioneer's Joey Hall

Joey Hall, executive vice president of Permian operations for Pioneer Natural Resources, discussed the company's strategy in the Permian Basin, and said a sustained $60 oil price would be enough to maintain growth in the basin.

June 27, 2016
EOG Resources, William Thomas, Bill Thomas, rebuilt, discovery, shale, Eagle Ford, Austin Chalk, Texas, Wells Fargo, West Coast Energy conference, drilling, inventory, acquisitions, hybrid play

EOG: Rebuilt And Better Than Before

A recent discovery is set to take EOG to new heights generating high returns that CEO William Thomas calls ‘easier’ than an Eagle Ford well.

June 27, 2016
fraud, oil, gas, Chris Faulkner, frack master, SEC

SEC: ‘Frack Master’ Chris Faulkner Defrauded Investors Out Of $80 Million

The SEC says that Faulkner, 39, used investor funds to pay for a lifestyle of decadence and debauchery that included $1 million in “salacious expenditures.”

June 24, 2016
Brexit, EU, UK, vote, oil, gas, economy, BP, analyst

Brexit: Five Questions And Answers For Oil Demand, Supply And Prices

Economists, businesses and analysts in oil markets sought to put the crisis in perspective even as some $2 trillion was wiped off the equity markets worldwide.

June 24, 2016
QEP, Permian, Midland, prices, WTI, stacked play, locations

QEP’s Permian Deal Tops Out At Record $58,000 Per Acre, Analyst Says

A KeyBanc analyst says QEP will pay roughly $58,000 per acre, more than any other Midland Basin transaction, for 9,400 acres of derisked, stack play.

June 23, 2016

Headlines: A Win For Oil And Gas; A&D Hot Streak Continues

In this week's video sponsored by NavPort: A federal judge has ruled the U.S. Bureau of Land Management's fracking regulations sidestepped Congress and are invalid. Meanwhile, A&D activity is still lighting up the Permian Basin and Oklahoma's Stack Play.

June 23, 2016
QEP Resources, oil, gas, energy, shale, fracking, Midland Basin, Permian, Martin County, Texas, 600 million, deal, acquisition, purchase, Wolfcamp, Spraberry, Chuck Stanley

QEP Goes Deep In Midland Basin, Adding Inventory In $600 Million Deal

The acquisition covers about 9,400 net acres in Martin County, Texas, about 10 miles east of existing QEP operations where the company holds about 26,300 net acres.

June 23, 2016
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