Midland Basin

Digital Oilfield

Endeavor Energy To Unite 10 Permian Divisions On IFS Applications

Midland, Texas-based Endeavor Energy Resources has purchased IFS Applications as the new ERP system of record for its oilfield services division.

December 12, 2019

Trends

A&D Transactions From The Week Of Dec. 11, 2019

Here’s a snapshot of energy deals from the past week including a three-way Permian Basin combination that will create a $1.5 billion E&P plus the multimillion-dollar buyout of Jones Energy.

December 11, 2019

Company Profiles , Exploration & Production , Markets

Young E&P Entrepreneurs: Start Them Up

In an unpredictable market, newly minted E&Ps have abandoned the old models of building ready-to-drill assets and instead are forging ahead with new models, operating strategies and leaders.

December 11, 2019

Water Management , Acquisitions & Divestitures , Midstream

Gravity Acquires On Point, Creates Largest Saltwater Disposal Company In Midland Basin

Gravity completed the acquisition of On Point Oilfield Holdings, creating the largest commercial produced water disposal company by injection volumes in the Midland Basin.

December 11, 2019

Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures

Laredo Petroleum Tacks On Another Permian Basin Acquisition

Similar to another acquisition made by Laredo Petroleum in the Permian Basin earlier this quarter, the bolt-on in Glasscock County, Texas, continues to shift the company’s production mix toward oil.

December 9, 2019

Unconventional , Shale Plays , Mergers

Three-Way Midland Basin Combination Creates $1.5 Billion E&P

The deal would create the largest pure-play northern Midland Basin E&P with a 73,000-net-acre position and 12,000 boe/d of production that is expected to more than double through 2020.

December 6, 2019

Business , Unconventional , Shale Plays

Problem Child

Operators are learning the hard way that parent-child well interaction is damaging to both their field developments…and their bottom lines.

December 2, 2019

Trends

A&D Transactions From The Week Of Nov. 20, 2019

Here’s a snapshot of energy deals from the past week including Noble Energy’s $1.6 billion midstream sale plus the closing of Occidental Petroleum’s $1.5 billion Permian Basin JV.

November 20, 2019

People , Company Profiles , Unconventional , Shale Plays

Forty Under 40: Mickey Friedrich, Driftwood Energy

Today’s featured Forty Under 40 honoree is Mickey Friedrich, who helped lead the initial horizontal Wolfcamp development in the Midland Basin earlier in his career while still with Pioneer.

November 20, 2019

Company Profiles , Unconventional , Shale Plays

Privately Held Operators Explain Key To Permian Basin Success

Execs from private operators Caza Oil & Gas, Henry Resources and Zarvona Energy talk key to survival in the industry’s new hold-for-longer mode.

November 19, 2019