An Eagleville Field-Eagle Ford Shale well completed by Devon Energy plus two Wolfcamp discoveries reported in Reeves County, Texas, top this week’s drilling activity highlights from around the world.
The larger of the asset sales was the divestiture of an overriding royalty interest in substantially all Callon-operated oil and gas leaseholds to a private investment vehicle managed by private equity firm Kimmeridge Energy.
The acquisition of Cimarex Energy’s Whites City water infrastructure significantly grows Blackbuck Resources’ platform in the Delaware Basin, CEO Justin Love says.
NGL Energy Partners LP has begun receiving produced water from XTO Energy’s (a subsidiary of Exxon Mobil Corp.) Poker Lake Development in the Delaware Basin, the company said on Oct. 1.
The leadership change was driven by the board’s discouragement toward Ring Energy’s current stock price and the “apparent lack of understanding and appreciation for the value this company represents,” Co-founder and Chairman Tim Rochford says.
Promising results from the joint industry and government-funded Hydraulic Fracturing Test Sites in the Permian Basin and Eagle Ford are shining new light on optimal fracturing process for the future.
In this case study, hear from executives at Abraxas Petroleum and WellData Labs on how real-time tracking of subsurface fluids is preventing/reducing frac hits.
Is sub $50 crude oil the new normal? And for how long? This leading market expert, Ian Macpherson from Simmons Energy, shares insights on the rest of the year and beyond.
The legendary Giddings Field isn’t depleted at all; instead, producers have taken from the natural fractures. New Century Exploration is among those tapping the Burleson County oil window.