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.

July 15, 2025

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.

July 14, 2025

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.

July 8, 2025

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.

July 7, 2025

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.

July 2, 2025

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.

July 1, 2025

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.

June 10, 2025

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.

June 3, 2025

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.

June 2, 2025

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.

May 30, 2025