Joseph
Markman
Hart Energy
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.
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.
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.
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.
‘Now Do Australia’: Shale Royalty
Shale royalty Bryan Sheffield and Dick Stoneburner shift their attention to Australia.
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.
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.
BP Praises Biden Climate Law While Expanding US Shale
The British company’s U.S. boss Dave Lawler says Biden’s Inflation Reduction Act has put the oil major’s green plans on “steroids.”
E-Frac ‘Better at Being a Neighbor’ than Traditional Systems
Changing capital cost models make e-frac systems within reach for more operators, according to Baker Hughes’ Steve Goldstein.
Permian Gas Production Set to Rise 41% by 2030, Rystad Says
Gas production from the Permian Basin has already surpassed pre-pandemic highs and is slated to rise 41% by 2030 compared to current levels, according to Rystad Energy data.