Exploration & Production - Exclusives

HEADLINES: Oil Prices’ Bumpy Ride

Meanwhile, natural gas prices made a spectacular climb plus OPEC considers production cuts, TransCanada reviews Keystone XL decision and Weatherford stock drops below $1.

November 15, 2018

Forty Under 40: Bryan Gaudin, Holland Services

Bryan Gaudin, CEO of Holland Services who helped lead the Fort Worth, Texas-based land services firm’s aggressive and successful growth strategy, is today’s Forty Under 40 honoree.

November 15, 2018

The Bear In The Bakken

Matt Steele’s privately held Bruin E&P joined the big league in the Williston Basin with last year’s $1.4 billion acquisition, and he’s not feeling intimidated at all.

November 14, 2018

DUG Midcontinent: More Fractures For Less Money

Spacing matters in the Stack play and early projects were spaced too tightly, Wade Hutchings, senior vice president of E&P at Devon Energy, told conference attendees at DUG Midcontinent. (Story updated at 4:35 p.m. CST Nov. 14)

November 14, 2018

Forty Under 40: Matt Gallagher, Parsley Energy

Today’s Forty Under 40 honoree is Matt Gallagher, Parsley Energy’s current president and COO who is slated to step into his new role as CEO of the Permian Basin operator next year.

November 14, 2018

Permian Producers’ Greatest Challenge: Above-Ground Constraints Vs. Takeaway

Executive Oil Conference panel said Permian Basin producers know the rock; the surface issues are the basin’s greatest hurdles.

November 13, 2018

Pioneer Sells Pressure Pumping Assets To ProPetro For $400 Million

The sale of the company’s pressure pumping business to ProPetro will bring Pioneer Natural Resources’ divestiture proceeds for the year to roughly $900 million.

November 13, 2018

Diamondback Energy Reveals $313 Million Midland Basin Bolt-on Acquisition

Despite an already blockbuster quarter of M&A activity, Diamondback snuck in a bolt-on acquisition in the Midland Basin that CEO Travis Stice said was too good of an opportunity to pass up.

November 12, 2018

Corporate Oil And Gas M&A Gains Altitude After $13 Billion Week

Analysts predict the massive deals week comprised of three separate transactions by Chesapeake Energy, Encana and Denbury is just the “tip of the M&A iceberg that will emerge in 2019.”

November 12, 2018

Parsley Energy’s Bryan Sheffield Signs Off As CEO

As part of creating value, Parsley Energy is also divesting what it called “tail-end inventory” in the Southern Midland Basin for about $170 million.

November 9, 2018

Forty Under 40: John C. Eads, Sierra Resources

Today’s Forty Under 40 honoree is John C. Eads, president and CFO of Sierra Resources which operates in the Eagle Ford Shale and Olmos Formation in South Texas.

November 9, 2018

HEADLINES: Ballot Battle Duds; Williston’s New Player

Voters in Colorado, Washington and Arizona this week rejected efforts to curb oil and gas usage, but new battles loom. Also, Vantage Energy agreed to buy QEP Resources’ Williston Basin foothold.

November 8, 2018