Hart Energy


Lower 48 Oil Output Forecast Slips as Rig Activity Drops—WoodMac

Oil gains in the Permian, Powder River and Uinta basins are overshadowed by declines in aging basins, says Wood Mackenzie expert Robert Clarke.

Deep Potential: Permian Woodford Delivers as Exxon, Mewbourne Join In

Oklahoma’s finest Woodford Shale developers are applying their learnings to the Permian Basin, where exploration of the deep bench is in its earliest innings.

Prairie Has Big Plans in the D-J, But Will Pump Brakes on $50 Oil

Prairie Operating Co. CFO Greg Patton says the company aspires to produce 100,000 bbl/d as it looks for its next M&A opportunity.

Despite Oil Plunge, Matador on ‘Treasure Hunt,’ Seeking Deals

Matador Resources, coming off a $1.8 billion Delaware Basin acquisition, still has an appetite for more M&A focused on undeveloped acreage.

Permian Gas Bottleneck Demands More Takeaway Capacity, Execs Say

Despite a potential flattening of crude production, the natural gas pipeline network in the Permian Basin will keep filling up, according to executives from Kinetik Midstream, Brazos Midstream and Kinder Morgan.

Liberty Chief: Pullback in Rigs, Frac Crews Not ‘Catastrophic’

Liberty Energy CEO Ron Gusek said that volatility will lead to some reductions in activity and companies can prepare now, but 2026 is murkier: “We’ll have to be ready.”

Breaking the Efficiency Barrier: Permian OFS Firms Race to Improve

Service companies such as NOV and ChampionX, working with operators, are optimizing well designs to boost well productivity and ultimately lower costs as shale production growth slows.

BP Targets 25% Resource Recovery from Eagle Ford Refracs

BPX employs a strategy that’s “a little bit country, a little bit rock and roll” to maximize assets across the portfolio, especially in the Eagle Ford, says Shawn Holzhauser, vice president for development.

Hamm: Continental Won’t Rule Out a Merger, But Don’t Count on it

Continental Resources Founder Harold Hamm said Hess Corp.’s Bakken property is interesting, as well as property held by BP Plc’s Lower 48 E&P unit BPX Energy.

CEO: Brazos Midstream Passed on Sale of Permian Infrastructure Co.

Brazos Midstream CEO Brad Iles said the time wasn’t right to sell a majority stake in the company.