Wolfcamp

Highlights

Best of This Week’s Drilling Activity Highlights (Feb. 5, 2021)

High-volume Gulf of Mexico discovery by Shell, XTO Energy Midland Basin-Wolfcamp completion plus results from four extended-lateral Permian wells in New Mexico’s Eddy County top this week’s drilling activity highlights from around the world.

February 5, 2021

Unconventional , Field Development , Shale Plays

E&P Plus Regional Report: Midland Basin—Many Opportunities Remain

The Midland Basin, located within the eastern region of the Permian Basin, has seen a steady amount of new E&P activity since 2011.

January 21, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Jan. 8, 2021)

Howard County, Texas, completion produces from Spraberry and Wolfcamp, a high-volume Permian Basin discovery by Oxy and four Marcellus wells completed at Pennsylvania’s Susquehanna County top this week’s drilling activity highlights from around the world.

January 8, 2021

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Earthstone Closes $185.9 Million Acquisition of Warburg-backed Permian Operator

Earthstone Energy completed its cash-and-stock acquisition of Independence Resources Management, a Midland Basin operator backed by Warburg Pincus, previously announced on Dec. 18.

January 7, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 6, 2021

Here’s a snapshot of recent energy deals including the closing of Cenovus Energy’s nearly $5 billion acquisition of Husky plus a $215 million deal in the Powder River Basin.

January 6, 2021

Highlights , Shale Plays

Year in Review: Best of Drilling Activity Highlights for 2020

Multiple discoveries by Occidental in New Mexico’s Eddy County, EOG Eagle Ford, Permian Basin and Niobrara completions plus Exxon Mobil boosts the resource potential for its development offshore Guyana top drilling activity highlights from around the world in 2020.

December 29, 2020

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Dec. 23, 2020

Here’s a snapshot of recent energy deals including a duo of acquisitions by Diamondback Energy valued at over $3 billion plus the closing of Hilcorp’s $5.6 billion BP Alaska acquisition and a Permian Basin deal by Earthstone Energy.

December 23, 2020

Business , Exploration & Production , Shale Plays , Acquisitions & Divestitures

EP Energy Exits Permian Basin to Focus on Utah, Eagle Ford Assets

EP Energy said it had entered a purchase and sale agreement with an undisclosed buyer to divest its assets located in the southern Midland Basin.

December 18, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Dec. 18, 2020)

Middle Bakken, Three Forks wells completed at a single pad plus Spraberry/Dean, Wolfcamp producers in Midland Basin by Occidental Petroleum and more testing completed in Australia’s Otway Basin top this week’s drilling activity highlights from around the world.

December 18, 2020

Business , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Earthstone Energy to Acquire Warburg-backed Midland Basin Operator in $185.9 Million Deal

Earthstone Energy’s acquisition of Independence Resources Management is expected to roughly double both the company’s production and adjusted EBITDAX with minimal impact to leverage, says Earthstone CEO Robert J. Anderson.

December 18, 2020