Business , Unconventional , Highlights , Field Development , Deepwater , Shale Plays

Murphy Oil Posts $965 Million Income for 2022

Murphy Oil increased production and pay down debt with the help of King’s Quay project going onstream in the Gulf of Mexico and high output from new Eagle Ford wells.

February 2, 2023

Unconventional , Shale Plays , Completions

Tech Over Trial-and-Error: Improving Near-Well Bore Completions

Drill2Frac’s FlowFX solution helps fine-tune completion designs by modeling parameters such as the number of perf clusters and length of stages.

January 27, 2023

Business , Exploration & Production , Unconventional , Highlights , Field Development , Emerging Plays , Discoveries , Conventional , Shale Plays , Drilling , Transactions

E&P Highlights: Dec. 30, 2022

Here’s a roundup of the latest E&P headlines, including a field start up and a well drilled to a basin with record depth from the past week in the upstream oil and gas industry.

December 30, 2022

Unconventional , Transactions

ADNOC, Petronas Sign Abu Dhabi Unconventional Oil Resources Deal

"ADNOC will continue to responsibly unlock value from Abu Dhabi’s vast hydrocarbon resources in a reliable and sustainable manner," ADNOC's Sultan Ahmed al-Jaber said at the deal signing.

December 5, 2022

Unconventional , Water Management , Construction

XRI Begins Construction of Permian Water Pipeline System

The Evolution Pipeline will total 230 miles of pipe in its water recycling system in the Midland Basin, XRI says.

December 2, 2022

Unconventional , Acquisitions & Divestitures

Diamondback Energy Completes FireBird Acquisition for $1.75 Billion

Diamondback Energy’s FireBird transaction is part of a duo of billion-dollar acquisitions in the Midland Basin the company announced in the fourth quarter.

December 1, 2022

Public Capital , Unconventional , ESG

Civitas Resources C-Suite Chat: Rising to the Challenge(s)

Civitas Resources in the D-J Basin is aligning executive compensation with stakeholders, meeting emissions reduction targets and is on target to generate $1 billion in annual free cash flow this year. And inside its C-suite, a millennial woman from Colombia is showing everyone how it’s done.

December 1, 2022

Investment , Unconventional , Shale Plays

‘Now Do Australia’: Shale Royalty

Shale royalty Bryan Sheffield and Dick Stoneburner shift their attention to Australia.

November 30, 2022

Unconventional , Enhanced Oil Recovery

Bakken EOR Trial Increased Output by 25%

Pilot project shows alternating produced gas with water/surfactant EOR mix boosts production and cuts costs in the Bakken shale.

November 29, 2022

Private Equity , Unconventional , Acquisitions & Divestitures

Appalachia Assets Operated by Seneca Resources Sold to IOG Resources

The deal includes Clearfield, Elk and McKean counties, Pennsylvania, assets with current net production averaging about 17 MMcf/d. 

November 22, 2022