Chris
Mathews
Hart Energy
Shale Plays
CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps
Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global.
Silver Hill Energy Enters Bakken with Liberty Resources Acquisition
Silver Hill Energy Partners LP is getting into the Bakken in North Dakota through the acquisition of Liberty Resources II.
Analysts: Top-Tier Drilling Inventory Shrinking as Well Costs Rise
The cost of supply for North American shale producers is expected to continue rising, according to a recent analysis by Enverus Intelligence Research.
The Future of Shale: ‘The Brainiac Stuff is Coming’
Lab tests show that 90% of oil is still left in rock that’s drilled.
More Top Stories in Shale Plays
Pipelines, Natural Gas, Liquefied Natural Gas (LNG), Earnings
Targa Expects Another Major Permian Pipeline Project This Year
Targa Resources says different projects are falling in place for gas capacity expansion
May 3, 2024
Acquisitions & Divestitures, Gathering & Processing, Compression
Antero Midstream Buys Summit Midstream Assets in $70M Deal
The deal by Antero Midstream strengthens Antero Resources’ gathering and compression in Marcellus Shale.
May 3, 2024
Acquisitions & Divestitures, Finance
Occidental Explores Sale of Permian Assets Worth Over $1B, Sources Say
Occidental Petroleum is exploring a sale of assets in the Barilla Draw region of Texas, which is located within the Delaware portion of the Permian Basin.
May 3, 2024
Acquisitions & Divestitures, Shale Plays, Crude Oil, Natural Gas
Exxon Closes $60B Pioneer Deal, Reshaping Permian Basin
After facing regulatory scrutiny, Exxon Mobil closed a roughly $60 billion acquisition of Pioneer Natural Resources. The largest shale oil transaction ever signed will reshape the order of power in the vast Permian Basin oil field.
May 3, 2024
Lease Sales
Marketed: Delta Minerals Non-producing Sale in Colorado
Delta Minerals LLC has retained EnergyNet for the sale of non-producing minerals in Bent, Cheyenne and Kiowa counties, Colorado.
May 2, 2024
Natural Gas, Earnings, Mergers, Exploration & Production
Chesapeake Stockpiles DUCs as Doubts Creep in Over Southwestern Deal
Chesapeake Energy is stockpiling DUCs until demand returns through growth from LNG exports, power generation and industrial activity.
May 2, 2024
Earnings, Liquefied Natural Gas (LNG), Natural Gas
Tellurian Reports Driftwood LNG Progress Amid Low NatGas Production
Tellurian’s Driftwood LNG received an extension through 2029 with authorization from the Federal Energy Regulatory Commission and the U.S. Army Corps of Engineers.
May 2, 2024
Mergers, Acquisitions & Divestitures, Policy & Regulations
FTC OKs Exxon-Pioneer Merger, but Bars Sheffield from Exxon’s Board
A megamerger between Exxon Mobil and Pioneer Natural Resources can proceed, but Pioneer Chairman Scott Sheffield is out, the Federal Trade Commission says.
May 2, 2024
Mergers, Acquisitions & Divestitures, Earnings
Stice: Diamondback’s Small Company Culture Suits Big M&A Appetite
Diamondback Energy CEO Travis Stice tells analysts that the company’s nimble nature is among its top qualities, allowing for rapid growth and the successful integration of Endeavor Energy this year.
May 1, 2024
Field Development
SilverBow Makes Horseshoe Lateral in Austin Chalk
SilverBow Resources’ 8,900-foot lateral was drilled in Live Oak County at the intersection of South Texas’ oil and condensate phases. It's a first in the Chalk.
May 1, 2024