The acquisition in the Texas Panhandle will bring FourPoint’s production to more than 530 million cubic feet equivalent per day and give it control of 300 miles of pipe.
Les Austin has more than 23 years of energy finance and leadership experience. He replaces David T. Merrill, who held the position of CFO at Unit until he was promoted to COO in August.
Black Stone’s single largest deal to date expands its Permian presence with 15,500 net royalty acres in the Midland and Delaware basins.
Manny, who has been with the Fort Worth-based company since 2003, plans to retire after Range's 2018 annual stockholder meeting in May, according to the company press release.
All systems are a go in Oklahoma. Density tests are abundant, EURs are rising and full-field development takes off in 2018.
The acquisition expands the operating presence of Houston-based WaterBridge into multiple basins, where the company's other core focus is in the southern Delaware Basin.
Stratas Advisors adds four updates to its crude oil infrastructure table.
As capital pours into the Midcontinent and rig counts climb, takeaway constraints—particularly for natural gas—are a growing concern for Anadarko Basin producers. These panelists from EnLink Midstream and Stratas Advisors offer their views on how the buildout of natural gas, crude oil and NGL infrastructure is proceeding, and how bottlenecks can be addressed.
FourPoint Energy CEO George Solich, who lobbied for longer laterals proposals, sees the potential for an industry payoff in the long run.
Longer laterals, more stages, much more proppant—this roundtable of operations and service executives from Halliburton, Baker Hughes and Gastar Exploration are using all the latest techniques and thinking to deliver higher-rate wells with larger EURs. Join the discussion on what the industry currently thinks about fluid intensity, proppant loading and the key challenges that must be addressed to achieve even better outcomes.