Diamondback: Permian Gas Next Target but Pipe, Prices Needed
The Permian Basin has a lot of untapped gassier rock that could be part of a “huge investment” in natural gas, said Michael Sollee, Diamondback Energy’s director of infrastructure, at the IPAA annual meeting.
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Private Equity
Money Talks: Volatility Sharpens the Focus at Tailwater E&P
Market volatility will create opportunities to engage with operators on both upstream and midstream growth, says Tailwater E&P CEO Doug Prieto.
Crude Oil
What's Affecting Oil Prices This Week? (June 23, 2025)
Stratas Advisors forecast that as long as Iran’s oil infrastructure is not damaged, Iran is highly unlikely to move to close the Strait of Hormuz since this would affect the movement of Iran’s own oil.
Field Development
Anschutz Charges Ahead with 3-Mile Powder River Laterals
Anschutz Exploration Corp., the leading Powder River Basin developer and Wyoming’s top oil producer, is drilling its first 3-mile laterals on a pad in Johnson County, Wyoming.
Renewables
Energy Transition in Motion (Week of June 20, 2025)
Here is a look at some of this week’s renewable energy news, including a solar steam project in California and a newly proposed bill in the Senate that would extend clean fuel tax credits.
Shale Plays
USGS: Huge Oil Reserves Under Federal Land in Alaska, New Mexico
In its first update since 1998, the USGS reported significant undiscovered oil, gas and NGL reserves beneath U.S. federal lands—highlighting untapped potential in conventional and unconventional reservoirs.
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Oil and Gas Investor Magazine
Harold Hamm is Still Wildcatting After All These Years
As the founder and chairman of Continental Resources reflects on 25 years of Bakken horizontal development, Harold Hamm urges his fellow U.S. producers to “never quit exploring.”