BKV Corp. has positioned itself as an LNG supplier near Gulf Coast markets with production averaging 718 MMcfe/d across about 460,000 Barnett acres, supported by 778 miles of associated gas gathering pipelines and 65 compression units.
SM Energy has landed two tests in its Midland Basin leasehold, while Vital Energy reports it’s drilled four. SM’s IPs are promising, while Vital has just begun flowback.
In the never-ending hunt for Permian drilling locations, a growing number of operators are testing wells in less-developed formations and the basin’s extensional fringes.
Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.
BKV CEO Chris Kalnin dives into the "core issue" of Texas' renewable grid and how the company is increasing production as the the largest producer in the Barnett Shale, in this Hart Energy Exclusive interview.
The Barnett Shale is “ripe for fracs” and offers opportunities to boost natural gas production to historic levels, BKV Corp. CEO and Founder Chris Kalnin said at the DUG GAS+ Conference and Expo.
Kinder Morgan’s Allen Fore said 2024 should be an ‘interesting’ year in M&A during a discussion at DUG GAS+ Conference and Expo.
After volatility in natural gas prices and broader economic instability in 2023, could BKV Corp.—the largest Barnett Shale producer—move forward with its IPO this year?
A private seller has retained Detring Energy Advisors to market for sale of certain non-operated oil and gas interests across several basins in the Lower 48.
Tivoli Services closed the acquisition of Phillips 66’s NTX pipeline system in a deal that will be supported by a long-term transportation services contract with the integrated energy company.