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 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.
With energy demand growing, operators look to supply hydrocarbons by drilling longer wells.
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.”
Liner hanger components and bullhead frac combinations are boosting refract results.
One X, backed by Kingswood Capital Manaement, will purchase service firm United Energy Partners to become a provider of greaseless pressure control values across multiple shale plays.
Private capital is flowing back into shale, with new teams Rockcliff III and X2 Resources zeroing in on overlooked assets in Texas and beyond.
Ohio shale is a complicated but steady region that’s given Infinity Natural Resources a leg up during a volatile macro environment, says CEO Zack Arnold.
Proceeds from the offering will be used toward funding TXO Partner’s acquisition of White Rock’s Elm Coulee Field assets for $350 million, announced May 13.
SM Energy CEO Herb Vogel says price downturns are catalysts for innovation and long-term strength. Still, SM is focusing on high-quality assets in the Permian, South Texas and Utah.
Companies big and small are figuring out how to manage the Permian Basin’s unprecedented volume of produced water.
Macro volatility and price uncertainty topped most discussions in first-quarter earnings calls as companies including Diamondback Energy, Occidental Petroleum and Coterra Energy reduce spending and rig counts.
Tallgrass Energy said the line is designed to transport up to 2.4 Bcf of natural gas from multiple points in the Permian Basin to the Rockies Express Pipeline and other points of delivery.
TXO Partners' purchase in the Williston Basin's Elm Coulee Field is expected to add proved developed reserves of approximately 25 MMboe to TXO.