Companies - Exclusives
The Permian Basin, Eagle Ford and Marcellus shales all have opportunities and, in some cases, deep pitfalls.
Rockcliff’s Haynesville Shale acreage will expand to 180,000 net acres following the close of two deals announced in August.
Cobalt hopes to finalize the bidding process for its GoM assets in September as it continues to resolve concerns with its Angola assets sale.
The company has experimented with using less sand and more fluid along with tighter spacing.
In January, Silverback sold 35,000 net acres in Reeves County, Texas, to Centennial Resource Development for $855 million.
Hedging has been a security blanket for some. Having assets that can deliver high returns at $40 oil prices gives EOG an edge.
The CEO says he favors consolidation over diversification, adding that it’s time to focus on returns rather than growth.
Concho Resources’ steady-as-she-goes mantra, combined with its oversized pure-play portfolio, sets it apart as a Permian powerhouse.
International exploration and technology remain crucial to filling future energy demand.
With one large bolt-on under its belt in the first quarter, WPX added another in the Delaware, but most first-quarter deals added slivers of acreage.
Lilis Energy plans to use the capital to build on the momentum of assembling a 10,000-net acre position in the core of the Delaware.
Some E&Ps are ramping up production, spending more, ignoring balance sheet repair and continuing to get rock bottom prices from oilfield service companies. Can the recovery handle it?