Drilling curbs by oil producers in the Permian Basin, the largest U.S. shale field, will continue until transport bottlenecks ease and investors stop punishing companies, executives say.
EnergyNet has been retained to handle state and federal oil and gas lease sales across the U.S. including nearly 1 million acres for lease in Wyoming alone.
Double Eagle Energy Holdings III LLC’s young co-CEOs have seen life-altering success in Oklahoma and Permian Basin deals. But it’s a renewable resource—relationships, that is—that powers the company.
Juno Energy III retained BMO Capital Markets for the sale of its Permian Basin assets in the heart of the Midland Basin’s Eastern Shelf in Crosby and Lubbock counties, Texas.
U.S. shale producer Pioneer Natural Resources, which operates in the Permian Basin, reported adjusted profit in the fourth quarter down year-over-year.
The amount of state and local taxes and state royalties paid by Texas oil and natural gas companies reached the second-highest total in state history last year.
Demand from IMO 2020, a crazy-productive Permian and a midstream sector scampering to keep up will combine to fuel a red-hot industry in 2019.