Analysis: EOG’s Best Permian, Eagle Ford Inventory is Dwindling
EOG Resources “is basically out of Tier 1 Karnes [County, Texas] inventory” for oily Eagle Ford wells, Roth analyst Leo Mariani said. In the Permian Basin, “EOG may only have a few years left of Tier 1 Permian inventory.”
International, Domestic Buyers Clamor for US Shale Gas M&A
Marketing is heating up for gassy assets in the Haynesville, Appalachia and Midcontinent, a sign that natural gas remains one of the bright spots in upstream portfolios, M&A experts tell Hart Energy.
Infinity Eyeing ‘Lower Level’ Utica M&A in the Short Term
Infinity Natural Resources is focusing its attention on “lower level” M&A in Ohio’s Utica Shale as large-scale deals take shape in the Appalachian Basin, CEO Zack Arnold said at SUPER DUG.
Post Oak Closes $764MM Fund Focused on Permian, Utica, Haynesville
Post Oak has made commitments to five portfolio companies, with capital deployed in the Permian Basin and Utica and Haynesville shales.
M&A Experts: Expect Brisk Return to Deal Flow in Second Half
Private equity firms are loaded for “pent-up” portfolio rationalization after rampant industry consolidation, particularly in the Permian—but the timing is anyone’s guess.
Encino Led Ohio’s 11% Utica Oil Output Growth in 1Q25
Most of the state’s additional barrels came from Encino Energy, which EOG Resources plans to buy for $5.6 billion, new state production data show.
VanLoh: Continued US Oil Growth at $63 is a ‘Dangerous Assumption’
The Bakken and Eagle Ford have three or four years of new-drill well inventory left at $63/bbl WTI while the Permian has between seven and 10 years, Quantum Capital Group’s Wil VanLoh said at Hart Energy’s Energy Capital Conference.
Who’s Next in Ohio Utica M&A Deal-Making?
EOG Resources’ deal to buy Encino Energy leaves 40% of Ohio’s oil output up for M&A grabs as well as nearly 5 Bcf/d of gas and NGL output, according to a Hart Energy analysis of Ohio production data.
EOG Digs Into the Utica With $5.6B Encino Buy
EOG Resources says the Encino Acquisition Partners transaction will be “transformative,” adding a third foundational pillar to its portfolio alongside robust holdings in the Permian Basin and Eagle Ford.
On the Market This Week (May 26, 2025)
Here is a roundup of marketed oil and gas and mineral and royalty leaseholds for the week of May 26, 2025, in the Midland, Delaware and Denver-Julesburg basins and Marcellus and Utica shales.