Permian

Business , Unconventional , Shale Plays

XTO Energy: Room To Run In US Unconventionals

At the Executive Oil Conference, XTO Energy’s president, Staale Gjervik, touted efficiency and scale as key drivers in ambitious Permian Basin plans.

November 11, 2019

Unconventional , Top IP Wells

Updated: Top 12 IP Wells In The Permian Basin

November 2019: Wolfcamp Completion By EOG Resources Flows 2.478 Mbbl of Oil, 14.43 MMcf Of Gas Per Day

November 11, 2019

Highlights

Best Of This Week’s Drilling Activity Highlights (Nov. 8, 2019)

Wolfcamp wells and a U.S. Gulf of Mexico development test by Shell plus four Eagle Ford producers top this week’s drilling activity highlights from around the world.

November 8, 2019

Renewables , Shale Plays , Drilling

The Permian Paradox: Texas Shale Players Go Green To Drill More

As the thirst for electricity to power drilling rigs in West Texas drives the state’s energy needs to new highs, oil and gas companies are increasingly relying on wind and solar power to ensure that the shale boom continues.

November 8, 2019

Earnings , Unconventional , Shale Plays , Acquisitions & Divestitures

Marathon Oil Adds Eagle Ford Scale With $185 Million Bolt-On

Marathon Oil also unveiled a new Delaware Basin oil play with over 60,000 contiguous net acres in Ward and Winkler counties, Texas.

November 7, 2019

Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Storage

Frac Spread: Price Problems With Prodigious Permian Propane

Despite its recent rally, propane’s price is well below last year’s as the giant play fills up storage on the Gulf Coast.

November 7, 2019

Business , Crude Oil

As US Crude Oil Goes Global, Hedging Goes Local

The oil market can now support financial instruments to protect against shifts in local prices.

November 7, 2019

Midstream

WhiteWater Midstream Announces Major Expansion Of Agua Blanca System

Joint venture partners WhiteWater Midstream, MPLX LP, alongside Agua Blanca lead investor First Infrastructure Capital, on Nov. 6 announced final investment decision to proceed with the expansion of the Delaware Basin Agua Blanca System.

November 7, 2019

Water Management , Acquisitions & Divestitures , Midstream

Gravity To Acquire Permian Water Management Company From White Deer Energy

Gravity’s acquisition of On Point will create the largest commercial produced water disposal company by injection volumes in the Midland Basin.

November 6, 2019

Unconventional , Shale Plays

Diamondback Steps Up Co-development In Permian Basin, Discusses Frac Hits

The company is better modeling production forecasts after oil output fell during the quarter as it co-develops zones in the Midland and Delaware sub-basins.

November 6, 2019