Super DUG , Exploration & Production , Shale Plays , Acquisitions & Divestitures

SUPER DUG Shale 4.0 Era about Building Scale- Rystad

The Shale 3.0 era or capital discipline era will be followed by the Shale 4.0 era, which will see companies focused on building scale, according to Rystad Energy Senior Shale Analyst Matthew Bernstein.

May 16, 2024

Acquisitions & Divestitures , Field Development , Emerging Plays , Emissions , Super DUG , Shale Plays

Permian Powerhouse: Apache Doubles Down on Core Assets After Callon Acquisition

Apache CEO John Christmann detailed plans for the Permian Basin and Suriname during the SUPER DUG Conference & Expo.

May 16, 2024

Exploration & Production , Shale Plays

ConocoPhillips: Permian Basin a ‘Growth Engine’ for Lower 48

ConocoPhillips views the Permian Basin as a “growth engine” within its Lower 48 portfolio, the company’s Midland Basin Vice President Nick McKenna said during Hart Energy’s SUPER DUG event in Fort Worth.

May 15, 2024

Mergers , Exploration & Production , Shale Plays

SUPER DUG: Diamondback's Van't Hof Talks Endeavor Merger, Future of Legacy Delaware Acreage

The SUPER DUG Conference & Expo is in full swing in Fort Worth, Texas, and speaker Diamondback President Kaes Van’t Hof is with Hart Energy's Jordan Blum to talk about Diamondback's pending merger with Endeavor Energy Resources, development philosophies going forward and future plans in the Delaware. 

May 15, 2024

Liquefied Natural Gas (LNG) , International , Shale Plays

ConocoPhillips Looks to Scale Portfolio, But Citgo Auction Not a Factor

ConocoPhillips has a long-term ambition to boost its LNG offtake capacity to between 10 mtpa to 15 mtpa as it keeps a short-term eye on the auction of Citgo Petroleum.

May 15, 2024

Acquisitions & Divestitures , Investment , Shale Plays , Exploration & Production

Minerals Market Growing But Needs More Scale, Consolidation

The market value of public minerals and royalties companies has doubled since 2019—but the sector needs to grow even larger to attract generalist investors into the fray, experts say.

May 15, 2024

Acquisitions & Divestitures , Mergers , Trends , Shale Plays

Permian M&A: Oxy Shops Delaware Assets, Family Oil Cos. Stand Out

As operators scour the Permian Basin for M&A opportunities, they’re keeping an eye on a tepid divestiture market. Family-owned oil companies also stand out among the pack of private inventory holders remaining in the Permian, according to Enverus Intelligence Research.

May 10, 2024

Shale Plays , Crude Oil , Natural Gas

Enverus: Permian Gains Will Sustain US Oil Production Through 2030

Crude output gains from the Permian Basin will keep U.S. oil production relatively flat entering the 2030s, offsetting declines from mature oily basins, according to Enverus Intelligence Research.

May 8, 2024

IPO , Shale Plays , Exploration & Production

U.S. Shale-catters to IPO Australian Shale Explorer on NYSE

Tamboran Resources Corp. is majority owned by Permian wildcatter Bryan Sheffield and chaired by Haynesville and Eagle Ford discovery co-leader Dick Stoneburner.

May 4, 2024

Acquisitions & Divestitures , Field Development , Shale Plays

Exxon Shale Exec Details Plans for Pioneer’s Acreage, 4-mile Laterals

Exxon Mobil plans to drill longer, more capital efficient wells in the Midland Basin after a major boost from the $60 billion Pioneer Natural Resources acquisition. Data shows that Exxon is a leading operator drilling 4-mile laterals in the Permian’s Delaware Basin.

May 3, 2024