Thanks to Larry Nichols' vision, Devon Energy Corp. looked again at George Mitchell's Barnett program in 2001, bought it and took it lateral. As much as Mitchell and his team figured out how—and where—to complete the Barnett, Devon Energy under Nichols' leadership made it a world-changer with the successful introduction of the fractured lateral. This eventually led to where U.S. shale is today.
In this interview with Hart Energy's Jessica Morales, Nichols talks about how Devon Energy also quickly deployed new data-analysis technology to further capture more tight-rock resource in place and how might it fit as many as 84 wells in one Permian Basin section.
View Larry Nichols acceptance speech and keynote address at Hart Energy's Executive Oil Conference in Midland, Texas.
2022-08-05 - Occidental President and CEO Vicki Hollub said, among record earnings results, Oxy would extend its Permian JV with Ecopetrol in the Midland and Delaware basins to encompass 20,000 net acres.
2022-06-23 - U.S. oil and gas executives told the Dallas Fed their highest uncertainties are no longer below ground but above, with politics, inflation, supply times, material shortages, labor and capital hampering activity.
2022-06-07 - Morgan Stanley analysts said about 30% of the E&P companies they cover have increased capex to address inflationary pressures from service providers and raw materials.
2022-05-26 - Per the deal, the companies will evaluate “the gas potential and opportunities for accelerated development at specific fields already discovered by Sonatrach in Algeria,” Eni said in a statement.
2022-07-11 - Today’s featured 25 Influential Women in Energy honoree is Robin Fielder, executive vice president, low carbon strategy and chief sustainability officer of Talos Energy Inc. based in Houston.