The Latest

Super-Deep Midland Making Big Barrels—and Big Gas

The 4.6 Bcf/d of new Permian Basin gas takeaway may be followed by another 5.9-Bcf/d expansion, and “we believe all will be needed,” a KeyBanc Capital Markets analyst said of findings from deeper target Midland Basin wells.

E&P Highlights: July 14, 2025

Here’s a roundup of the latest E&P headlines, including a natural gas discovery in the Barents Sea and a new Woodside contract offshore Mexico.

Greylock Packs a One-Two Punch with ‘Demand-Driven Projects’

Privately held producer Greylock Energy gains traction in both upstream and midstream deal-making, boosting build-out in Appalachia and the Rockies.

Monumental Energy to Finish Second Workover of CM-1 Well Soon

Monumental Energy’s second workover at the Copper Moki-1 (CM-1) oil and gas well will restore oil and associated gas production from the well in New Zealand’s Taranaki Basin.

Analysis: EOG’s Best Permian, Eagle Ford Inventory is Dwindling

EOG Resources “is basically out of Tier 1 Karnes [County, Texas] inventory” for oily Eagle Ford wells, Roth analyst Leo Mariani said. In the Permian Basin, “EOG may only have a few years left of Tier 1 Permian inventory.”

Chord’s Longer Laterals Delivering Bigger Returns to Shareholders

Chord Energy shareholders are reaping the benefits from the Bakken E&P’s foray into drilling longer laterals, though a further dip in oil prices could cause the company to hunt for acquisitions at the low point in the cycle.

Canada Deep Dive: Spartan Sees 1,220 boe/d Duvernay IPs

Calgary’s Spartan Delta Corp. is seeing strong oil and liquids output from new horizontals landed in the Duvernay Shale in Alberta. One new Duvernay well produced 1,470 boe/d (86% liquids) over 20 days, including 1,202 bbl/d of oil.

Touchstone Explores Trinidad and Tobago with Fifth Cascadura Well

Touchstone Exploration Inc. drilled its Cascadura-5 development well onshore Trinidad and Tobago on time and within budget after encountering “encouraging” data.

E&P Highlights: July 7, 2025

Here’s a roundup of the latest E&P headlines, including a natural gas discovery offshore by Exxon Mobil.

10 Years Strong: Surge Energy Powers Through the Midland Basin

Ten years since Surge Energy incorporated and took a chance on difficult terrain, the privately held producer sets its sights on organic growth and corporate acquisitions.