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Private Operators Share Plans, Challenges, Outlooks

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By Nissa Darbonne, Hart Energy
April 25, 2014

Bill Hall would have flipped his 30-well position in 60,000 South Texas acres by now, but buyers want packages with more proved reserves today than a couple of years ago. Meanwhile, Jack Vaughn isn’t surprised by the new oil pay the Powder River Basin is making, since the basin has been producing longer than the legendary Permian.

Paul Favret, who is making successful Mississippi Lime wells in Kansas, is also drilling for huge reserves in Colombia. Steve Antry, another Midcontinent driller, is working to hand off the reins to a ...


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