Unconventional

Investment , Unconventional , Natural Gas

Exclusive Q&A: Vaca Muerta Headwinds with Baker Institute’s Mark P. Jones

The Rice University Baker Institute for Public Policy’s Political Science Fellow Mark P. Jones recently spoke to Hart Energy about some of the headwinds confronting oil and gas investors eyeing shale opportunities in Argentina’s massive Vaca Muerta formation.

September 16, 2022

Unconventional , Shale Plays , Transactions

SilverBow Resources Adds New Webb County Position for $50 Million

The new position in the dry gas Dorado play doubles SilverBow’s current Webb County acreage in South Texas, which now totals 15,000 acres with an estimated drilling inventory exceeding 200 gross locations. 

September 16, 2022

Unconventional , Shale Plays , Acquisitions & Divestitures

Analysts: EQT’s Monster $5.2 Billion Deal a Cash Cow

EQT’s purchase of Tug Hill and XcL Midstream’s assets in the Appalachian Basin will contribute to $150 million in long-term cash flow, Goldman Sachs said.

September 13, 2022

Unconventional , Natural Gas , Shale Plays

As Natural Gas Prices Jump, Shale Oil Firms Get Gassy

“Two or three years ago, oil companies would not even set a hand in natural gas... it was a negative, it was a nuisance, but it's not today,” Jay Allison, CEO of shale producer Comstock Resources Inc., said at a conference in Denver in August.

September 4, 2022

Public Capital , Unconventional , Shale Plays

Chesapeake Rocks a Returns Runway: C-suite Chat with CEO Nick Dell’Osso

You can probably call it a comeback—for both natural gas and the company that pioneered the shale drilling of it. The second quarter showed that Chesapeake Energy Corp. is making good on its pledges to return cash to shareholders, green up its production and exit the oil side of the industry. And as Russia’s war on Ukraine flips the narrative on energy security and access to natural gas in Europe, Chesapeake’s timing is on schedule.

September 1, 2022

Unconventional , Shale Plays , Technology

ProPetro Agrees to Acquire Electric Frac Fleets from ‘Leading Manufacturer’

Midland, Texas-based ProPetro executed an order to acquire two electric frac fleets from a “leading manufacturer” as part of its fleet transition strategy initiated last year, says CEO Sam Sledge.

August 22, 2022

People , Unconventional , Shale Plays

Continental Resources Promotes Doug Lawler to President, COO

Doug Lawler joined Continental Resources in February as COO and executive vice president following three decades in the oil and gas industry.

August 18, 2022

Business , Unconventional , Energy Transition

BPX Amps Up Permian, Plans $1.7 Billion Spend in US this Year

BPX Energy President Jack Collins said the company is planning to power 95% of its Permian Basin operations with electricity this year and is drilling an exploratory well for its carbon capture business.

August 9, 2022

Unconventional , Completions

E&P Case Study: Predicting Proppant and Fluid Flow Leads to Better Fracs

The oil and gas industry has long assumed that sand and fluid flow uniformly together through casing. However, surface tests conducted by GEODynamics with six shale operators in the U.S. unequivocally proved otherwise.

July 29, 2022

Unconventional

China’s CNOOC Taps Shale Oil in South China Sea Exploration Well

Under a call by the Chinese companies to boost domestic energy supply security, national oil companies are making greater efforts to tap shale deposits despite their geological challenges and higher cost.

July 28, 2022