More Top Stories in Shale Plays

Laying in Wait: San Juan’s ‘Remarkable’ Mancos Shale Oil Wells

The past decade has been difficult for the San Juan Basin, which suffered from a lack of activity and exits by major operators. But experts say inventory-hungry operators shouldn’t overlook the San Juan’s long-term potential.

June 16, 2024

In Service: Appalachian E&Ps Banking on MVP for Bigger Returns

Appalachian Basin E&Ps are expected to ramp up production for the Equitrans-operated Mountain Valley Pipeline by 2025 — although, near term, only about 38% of the line’s capacity is expected to be used, an analyst said.

June 14, 2024

Phillips 66 to Sell Interests in Rockies Express Pipeline to Tallgrass

Phillips 66’s sale to Tallgrass will generate $685 million in proceeds following debt and equity adjustments.

June 14, 2024

Study: Time Running Out for FID on Next Permian NatGas Pipeline

To meet natural gas takeaway demand by 2026, a final investment decision on a new Permian Basin pipeline will be needed before the end of the year, according to Enverus analysis.

June 14, 2024

Sea Power: Noble’s Deal Fires Major Volley in Offshore, Services M&A

Noble Corp.’s $1.6 billion acquisition of Diamond Offshore Drilling may seem like small potatoes compared to the upstream sectors’ massive megadeals, but service sector consolidation could snowball, analysts said.

June 14, 2024

Surge Holds Dry Powder for Northern Midland Growth

Surge is holding out liquidity for growth in the Midland Basin, said Linhua Guan, CEO of Surge Energy America, at Hart Energy's SUPER DUG Conference. 

June 13, 2024

Aramco to Source Shale Feed-gas from NextDecade’s RGLNG Train 4

Aramco looks to offtake LNG from NextDecade Corp.’s Rio Grande LNG Train 4 in Brownville, Texas. A move that will source feed-gas from the Permian and Eagle Ford.

June 13, 2024

By the Horns: Matador Wrangles Ameredev Deal for Delaware Scale

Matador Resources expects its enterprise value to reach $11.5 billion after acquiring Ameredev II for $1.9 billion in cash—not bad for a brand launched in 1983 with friends-and-family financing.

June 13, 2024

Exclusive: How Liberty’s ‘Improved’ Operations Transformed the Bakken’s Core

Liberty Resources II’s president and CEO Mark Pearson walks through the sale of its Bakken assets to Silver Hill Energy Partners and highlights a few M&A drivers in the play, in this Hart Energy Exclusive interview.

June 12, 2024

Oxy, Other E&Ps Look to Alternative Power Sources for Ops

Oil and gas companies Occidental Petroleum Corp. and Diamondback Energy Inc. are collaborating with fission and fusion power technology companies to power their operations.

June 12, 2024