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Exxon Mobil, Imperial Sell Canada Shale Assets for $1.5 Billion Cash
2022-06-28 - Imperial and Exxon Mobil agreed to sell XTO Energy Canada, a jointly owned shale producer in Western Canada, in an all-cash transaction to Whitecap Resources.
US Drillers Add Oil and Gas Rigs for Fourth Week in a Row
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.
US Oil Drilling, Output Moving Higher with Energy Prices
2022-04-14 - After a pandemic-induced hiatus, oil production is expected to hit new highs, particularly in the Permian Basin, in the wake of the Russian invasion of Ukraine.
SilverBow Acquires Sundance, SandPoint in $425 Million A&D Double Play
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.
Making Technological Strides in the Permian Basin
2022-04-19 - Executives from Halliburton and Schlumberger weigh in on what trends in technology are emerging in the Permian Basin.