U.S. gas producer Southwestern Energy Co. has entered a definitive merger agreement with Haynesville producer Indigo Natural Resources LLC to acquire Indigo for about $2.7 billion, the company said on June 2.
Goodrich Petroleum COO shares insight on its operations in the gassy Haynesville Shale as forecasts show natural gas prices and LNG exports rising.
The share of drilling activity by Exxon Mobil and Chevron in the Permian Basin oil field in Texas and New Mexico dropped to less than 5% this month from 28% last spring, according to data.
The Midland Basin, located within the eastern region of the Permian Basin, has seen a steady amount of new E&P activity since 2011.
A private seller retained Detring Energy Advisors to market for sale certain of its oil and gas leasehold related assets across Texas, New Mexico and Wyoming.
Here’s a snapshot of recent energy deals including $102.2 million worth of acquisitions in the Permian Basin by Northern Oil and Gas.
Here’s a quicklist of oil and gas assets on the market including ConocoPhillips’ Chittim Ranch waterflood asset in Maverick County, Texas, plus two separate Permian Basin asset packages from SM Energy.
Here’s how simultaneous fracturing, or “simul-frac,” completion designs enabled a shale operator in the Permian Basin to improve pad efficiency in addition to setting a record for lateral feet per day and stages completed.
Court says opponents of the oil pipeline failed to prove irreversible harm if the line continued to operate.
LandGate is marketing for sale an overriding royalty interest in New Mexico’s Eddy County producing from horizontal Wolfcamp and Bone Springs wells for an undisclosed seller.
As part of the design, Tellurian is also proposing to deploy technology, which it said will reduce the pipeline’s CO₂ emissions by more than 99%.
ConocoPhillips Co. retained Detring Energy Advisors for the sale of its Chittim Ranch waterflood properties, which include a 30,000 net-acre position in Maverick County, Texas that is 100% HBP.
These fleets will deploy in early 2022 and carry an optional two-year extension following the initial term.
Devon Energy said reducing flared volumes, in particular, will play a key component in the company’s broader emissions reduction strategy to achieve net-zero greenhouse gas emissions by 2050