WPX plans to implement a dividend in conjunction with the Felix acquisition, targeting about $0.10 per share on an annualized basis at initiation.
Second-half 2019 results show glimmer of hope for a promising 2020. This section profiles 43 major U.S. shale players operating in the Permian, Eagle Ford, Rockies, Midcontinent and Appalachia and covers their latest 2019 production results and 2020 forecasts.
The western half of Oklahoma may get more publicity but there’s great potential on the state’s eastern side as well.
The U.S. independent has set its sights on bringing in $50 billion in free cash flow over the next decade, including $19 billion from its Lower 48 assets.
The Permian Basin remains one of the best opportunities for nonoperating investors in the world, particularly for those who go in with eyes wide open to these risks and a clear plan for mitigating them.
M&M Energy retained EnergyNet for the sale of an operated asset package located in Lea County, N.M., of the Permian Basin in an auction closing Feb. 5.
A private seller retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of certain mineral properties located in Howard and Borden counties, Texas, of the Midland Basin.
Alamo Energy Partners retained EnergyNet for the sale of nonoperated working interest in South Texas wells located in Duval County, Texas.
DSD Energy Partners retained Energy Advisors Group to market a non-producing acreage in the San Andres play in Yoakum County, Texas.
DSD Energy Partners engaged Energy Advisors Group Inc. to market prospective acreage located in Karnes and Webb counties, Texas, in the Eagle Ford Shale.
A Marcellus Shale discovery by EQT, Marathon’s Upper Three Forks completion and two horizontal Woodford producers top this week’s drilling activity highlights from around the world.