Permian
Marketed: Delaware Basin AFE Interests Divestiture
Armstrong Energy Corp. and Slash Exploration have retained RedOaks Energy Advisors for a sale of certain wellbore-only AFE interests located in Lea County, New Mexico.
New Wells Underway: Private E&Ps Pulled 40% of US Permits in May
Private E&Ps are keeping pace with public operators in taking permits for new-drill horizontals across the Lower 48, according to a research report.
WoodMac: Permian Producers Eye Mexico’s Saguaro Energía LNG FID for Takeaway Relief
Wood Mackenzie expects Mexico Pacific to take FID on the first phase of its Saguaro Energía LNG project in either the second half of 2024 or early 2025.
EOG Resources Wildcatting Pearsall in Western Eagle Ford Stepout
EOG Resources spud the well June 25 in Burns Ranch with rights to the Pearsall well about 4,000 ft below the Eagle Ford, according to myriad sources.
Energy Transfer-Sunoco JV Forms Monster Permian Network
The joint venture between midstream operators Sunoco and Energy Transfer’s crude gathering in the Permian Basin should prove to be mutually beneficial, analysts say.
Beyond the Horizon: Exploring the Permian’s Longest Laterals
Horizontally drilled lateral wells are all the rage in the Permian Basin. Let’s take a look at the 10 longest wells drilled in the Basin.
West Texas Hold ’Em: Permian Plays Pipeline Poker
The consensus is that the Permian Basin needs another major gas pipeline soon. Midstream companies are trying to figure out when … and who will make the move.
Energy Transfer, Sunoco Announce Team Up in Permian Basin JV
Energy Transfer LP and Sunoco LP have formed a partnership that will operate more than 5,000 miles of crude oil and water gathering pipelines in the Permian Basin with crude oil storage capacity in excess of 11 MMbbl.
KC Fed Survey: NatGas to Rise, but Not Enough for Profitability
The Kansas City Federal Reserve Bank’s energy survey saw activity decline in the second quarter as producers look to the back half of 2024 for natural gas prices to improve—but not enough to turn a profit.
Energy Transfer Closes $3B WTG Midstream Acquisition
Energy Transfer's deal adds approximately 6,000 miles of complementary gas gathering pipelines from WTG Midstream Holdings, extending Energy Transfer’s reach into the Midland Basin.