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.
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.
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.
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.
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.
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.
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.
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.
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.
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.