Anschutz Exploration is avoiding the noise of market uncertainty in the Rockies’ Powder River Basin, operating under CEO Joseph DeDominic’s strategy of working “like you’re going to own it for the life of the well.”
The net change in the U.S. horizontal rig count is seven rigs—1% —fewer than at year-end 2024, a Hart Energy analysis shows. Instead, the sub-$70 oil price has displaced rigs targeting non-shale targets.
Privately held oil and gas producers from Surge Energy, Northeast Natural Energy, Anschutz Exploration, Greylock Energy and Jonah Energy dish on their plans in the Delaware, Midland Appalachian basins, where they ready to pounce on M&A opportunities.
Anschutz Exploration Corp., the leading Powder River Basin developer and Wyoming’s top oil producer, is drilling its first 3-mile laterals on a pad in Johnson County, Wyoming.
Since entering the Powder River Basin in 2012, Jack Vaughn’s Peak E&P has ramped up drilling across five benches with 2-mile laterals. After pausing its IPO last year, going public remains firmly on the table, Vaughn told Hart Energy in an exclusive interview.
With “several billion barrels of resources” left untapped in the Powder River Basin, Continental Resources is nearing full-scale development of the Niobrara Shale in Converse County, Wyoming, executives told Hart Energy in an exclusive interview.
Wyoming’s Powder River Basin has taken a quieter role in recent years as oil producers focused on the Permian. But state leaders remain confident, betting on a rebound in oil production from the once-promising shale play, Gov. Mark Gordon said in an exclusive interview.
Continental Resources President and CEO Doug Lawler discussed technical breakthroughs being made in Wyoming’s Powder River Basin and his thoughts on whether there will be peak oil in the Lower 48, in this Hart Energy Exclusive interview.
Canadian firm Vermilion Energy is selling assets in Wyoming’s Powder River Basin and exiting the U.S. market.
As the founder and chairman of Continental Resources reflects on 25 years of Bakken horizontal development, Harold Hamm urges his fellow U.S. producers to “never quit exploring.”