All About Balance: Operators across the Patch are focused on keeping debt in check and boosting liquidity. As many companies work to strengthen their balance sheets and reshape their portfolios, the Permian Basin reigns as the nation's most desirable region in which to own assets. Learn why this venerable basin is so preferred, and how its plays stack up against those in other major petroleum provinces.
- Producer Benchmarks & Tolerance: Michelle Michot Foss, chief energy economist and program manager at the Bureau of Economic Geology's Center for Energy Economics at the University of Texas;
- Permian "Cluster Activity" vs. Other Plays & The Outlook On Permian Economics: Matthew Portillo, managing director of E&P research at Tudor, Pickering, Holt & Co. Inc.; and
- The Production Outlook - A Comparison Of Completion Techniques: Jessica Pair, upstream manager at Stratas Advisors.
Recommended Reading
Chevron Hunts Upside for Oil Recovery, D&C Savings with Permian Pilots
2024-02-06 - New techniques and technologies being piloted by Chevron in the Permian Basin are improving drilling and completed cycle times. Executives at the California-based major hope to eventually improve overall resource recovery from its shale portfolio.
US Gas Rig Count Falls to Lowest Since January 2022
2024-03-22 - The combined oil and gas rig count, an early indicator of future output, fell by five to 624 in the week to March 22.
TPH: Lower 48 to Shed Rigs Through 3Q Before Gas Plays Rebound
2024-03-13 - TPH&Co. analysis shows the Permian Basin will lose rigs near term, but as activity in gassy plays ticks up later this year, the Permian may be headed towards muted activity into 2025.
CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett
2024-04-11 - Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.