Scout Taps Trades, Farm-Outs, M&A for Uinta Basin Growth

With M&A activity all around its Utah asset, private producer Scout Energy Partners aims to grow larger in the emerging Uinta horizontal play.

November 29, 2024

Jefferies: With Permian Locked Up, E&Ps Hunt for New L48 Runway

With the core of the Permian Basin largely locked up, “intrepid operators” are hunting for runway in more nascent Lower 48 basins and in less developed Permian benches.

November 26, 2024

Exclusive: Why Family Offices Favor ‘Lower-Risk’ Oil, Gas Investments

Evan Smith, Stephens’ senior vice president for investment banking, describes growth in the company’s network of family offices, specifically those investing in the energy sector, in this Hart Energy Exclusive interview.

November 21, 2024

Harold Hamm: ‘Drill, Baby, Drill’ Faces Geology Barriers, Even Under Trump

Harold Hamm, Continental Resources founder and major Trump donor, says the U.S. faces real barriers to expanding production growth—even with Republicans controlling D.C.—as major shale basins mature.

November 18, 2024

Ovintiv Swaps the Uinta for Montney in Multiple M&A Moves

Ovintiv is expanding greatly in the Canadian Montney Shale play through a US$2.38 billion deal with Paramount Resources and exiting the newly booming Uinta Basin in Utah with a $2 billion sale to FourPoint Resources.

November 15, 2024

CEO: Ovintiv Passes on Permian Prices for More Montney Condensate

Rumored to be a potential buyer in the Permian Basin, Ovintiv instead struck a deal for lower-cost oil and condensate assets in Alberta’s Montney Shale.

November 14, 2024

EOG Greenlights Second Rig to Ohio Utica Oil Wildcatting

EOG Resources has put 25 modern stimulated horizontals to date in the oily Utica fairway in eastern Ohio with one rig and IPs of up to 3,250 boe/d, 70% oil and 85% liquids.

November 12, 2024

Oxy Divests Some Powder River Basin Assets to Anschutz

Occidental Petroleum and Anschutz Exploration confirmed the transaction but didn't disclosed details as, separately, Powder River Basin operator Peak Resources plans an IPO this week.

November 11, 2024

Analysts: A Growing Bakken Will Require a Stronger Pipeline Network

East Daley looks at potential courses as the basin continues to increase production.

November 6, 2024

SM, Crescent Testing New Benches in Oily, Stacked Uinta Basin

The operators are landing laterals in zones in the estimated 17 stacked benches in addition to the traditional Uteland Butte.

November 5, 2024