Deon
Daugherty
Hart Energy
Shale Plays
Lone Star State of Mind: Rockcliff Energy III Sets Sights on Texas Shale Assets
Rockcliff Energy III Executive Chairman Alan Smith and CEO Sheldon Burleson have their Quantum Capital-backed company’s Texas-sized ambition focused on the western Haynesville and the Eagle Ford.
Ovintiv to Boost 2024 Free Cash Flow to Nearly $2B
Ovintiv management reported its on track to generate $1.9 billion in 2024 free cash flow but skirted a question about the company’s possible pursuit of Midland Basin E&P Double Eagle.
Surge of Longer Lateral Drilling to Enhance Reservoir Recovery
With energy demand growing, operators look to supply hydrocarbons by drilling longer wells.
Found in Mitchell County, Permian Basin: 2.5-mile Wolfcamp Stepouts
Bayswater Exploration & Production has taken its Midland Basin oil play far east into Mitchell County where a high carbonate content “gives us a chance to really compete with the big guys.”
More Top Stories in Shale Plays
Expand’s Dell'Osso: E&Ps Show ‘Unusual’ Discipline with $4 NatGas Strip
Haynesville Shale’s largest gas producers are displaying restraint with a $4/Mcf forward curve. “That’s really unusual,” said Expand Energy CEO Nick Dell’Osso.
April 25, 2025
Amplify Energy Cancels PRB, D-J Deal on ‘Extraordinary Volatility’
Amplify Energy terminated an acquisition of oil-weighted assets in the Powder River and Denver-Julesburg basins from Juniper Capital after Amplify’s stock fell 58% since the deal was announced.
April 25, 2025
Bearishness Plagues Oil as Matador Cuts Capex, Production Outlook
Falling oil prices are forcing E&Ps to redraw spending plans. Matador Resources slashed its D&C spending by $100 million due to lower prices.
April 24, 2025
Patterson-UTI Sees Uptick in Gas Activity, Oil Uncertainty
Natural gas activity picked up more than expected in the first quarter, with the Haynesville Shale leading the way, Patterson-UTI executives said.
April 24, 2025
US NatGas Prices Fall 3% to 5-Month Low on Big Storage Build, Mild Weather
U.S. natural gas futures fell about 3% to a five-month low on April 24 on a bigger-than-expected weekly storage build and expectations that mild weather will keep heating and cooling demand low in coming weeks.
April 24, 2025
Range Resources’ East Coast Position Helps to Ride Tariff Turmoil Wave
Gas producer Range Resources says having access to markets out of the East Coast is a benefit during the U.S.-China trade war as most of its exports head to Europe.
April 24, 2025
XCL Resources Team Launches X2, Targets Multibillion-Dollar M&A
X2 Resources, led by the team behind XCL Resources, is targeting $500 million to multibillion-dollar acquisitions across “premier” oil and gas basins with backing from EnCap and other investors.
April 24, 2025
Recent M&A Primes ONEOK for AI, LNG, NGL Growth
ONEOK’s President and CEO Pierce Norton talks about his rapidly expanding company and the M&A grocery list the midstream company uses to explore additional growth opportunities.
April 24, 2025
Berry Corp. Ups Hedge Book During Oil Market Volatility
California and Uinta producer Berry Corp. announced steps to strengthen its hedge book and liquidity during a period of market volatility.
April 23, 2025
Volatility to Slow Upstream M&A After $17B in Q1 Dealmaking—Enverus
Upstream deal markets are heading into territory reminiscent of the conditions seen in the first half of 2020, said Andrew Dittmar, Enverus’ principal M&A analyst.
April 23, 2025