The deal, which adds a third core operating area to PDC's portfolio, consists of about 57,000 net acres in Reeves and Culberson counties in West Texas.
EIA’s long-term projection has Bakken taking over as largest U.S. tight oil play.
U.S. firms across the value chain can take advantage of opportunities that will emerge from Mexico’s energy reform, say experts at EnerCom.
In just about two years, the company assembled a premier position in the basin with a motto to be 'fit, fast and efficient.'
Activist investor Meister seeks to install his own board of directors for Williams.
Fresh from recent Permian deal making, WPX Energy and QEP Resources have both signaled their intent to continue hunting for acquisitions.
Geopolitical developments will continue to offer both upside and downside potential for oil and gas producers this upcoming week, according to Stratas Advisors' forecasts.
Low crude prices and lack of gas-directed drilling bump up against growing demand. The result could be a price jump for U.S. natural gas.
The Oklahoma City company is continuing to chip away at its balance sheet to pay down debt with the sale of 80,000 net acres in North Dakota and Montana.
But it might be time for investors ‘to think about getting back into energy, industrials and healthcare,’ an analyst says.
Most of the acreage is located in the oil window of Oklahoma’s Canadian and Grady counties and includes significant stacked-pay potential.