2022-06-28 - The $627 million deal adds 86 net locations in the Permian Basin and boosts Earthstone Energy’s production by an estimated 26%.
2022-04-11 - INEOS will develop a test shale gas site in the U.K. to show the British government that fracking is a safe and local alternative to importing gas from Russia.
2022-04-12 - In the three-year pilot stage, Chevron plans to invest $65.7 million to drill, complete and commission five horizontal wells in the Vaca Muerta Shale formation. In addition, the oil major will invest $13 million in infrastructure.
2022-04-14 - SilverBow Resources acquires liquids-weighed assets in western Eagle Ford through the acquisitions of Sundance Energy and SandPoint Resources that meaningfully increase SilverBow’s size and scale.
2022-04-14 - Analysts said the industry must drill new wells going forward because the number of DUCs available was dropping fast. That drilling increase was likely already coming, at least in the nation’s biggest oil shale basin, the Permian Basin.