San Juan Rig Activity Booms as Gas Prices Rise, M&A Heats Up
Drilling activity in the San Juan Basin has surged to its highest level since 2015, fueled by a rise in natural gas prices. Analysts say deeper Mancos Shale wells with higher IPs could lift San Juan gas output by 500 MMcf/d by 2030, reshaping the legacy basin’s future.
Flywheel Energy Acquires Terra’s Colorado Piceance Gas Assets
Flywheel Energy has quietly taken control of Terra Energy Partners’ Piceance gas asset, one of the largest in the basin, in a confidential deal. The deal expands Flywheel’s private natural gas empire beyond Arkansas’ Fayetteville Shale.
Uinta Crude Transport Project Wins Fed Approval in Just 16 Days
The Bureau of Land Management used an expedited review process ordered by President Trump to expand a crude oil loading facility’s capacity in the Uinta Basin to 100,000 bbl/d.
FTC Frees EnCap, XCL, Verdun to Do Uinta Basin Deals Again
EnCap Investments and its portfolio companies no longer need to seek Federal Trade Commission approval to make oil and gas deals in the Uinta Basin—a condition imposed during the Biden administration.
International, Domestic Buyers Clamor for US Shale Gas M&A
Marketing is heating up for gassy assets in the Haynesville, Appalachia and Midcontinent, a sign that natural gas remains one of the bright spots in upstream portfolios, M&A experts tell Hart Energy.
Veteran, Newly Listed Private Producers on Top 100 Hungry for M&A
The new 2025 ranking of top U.S. private producers demonstrates changes in the space following a massive consolidation trend in the upstream sector, Enverus says.
Berry ‘Excited’ for Uinta’s Resource Potential from Horizontal Drilling
Berry Corp. is excited for the untapped resource potential from the Uinta Basin as it dives deeper into horizontal drilling in the basin, CEO Fernando Araujo tells Hart Energy’s Nissa Darbonne.
Terra Team Launches New E&P with $300MM in Kayne Anderson Backing
Team members from Terra Energy Partners, a major Piceance Basin gas producer, are launching Terra II with backing from Kayne Anderson.
Berry Comfortable in California with Expansion Plans in Uinta Basin
Berry Corp. has a reliable position in California’s San Joaquin Basin as it begins the second phase of a drilling program in Utah.
Supreme Court’s Uinta Rail Decision Gives Energy Industry a Win
In a win for the energy industry, the Supreme Court justices narrowed the scope of environmental reviews in a case involving the Uinta rail project.