Rockies
Rig Counts , Crude Oil
$70, $80, $90? No Matter WTI Price, Production to Creep Along
As public E&Ps hold fast with capital discipline, even exuberant prices might not be enough to substantially bump up production, although private operators remain a wild card, analysts said.
Acquisitions & Divestitures , Pipelines , Gathering & Processing
Western Midstream to Expand Powder River Presence with Meritage Deal
Western Midstream said it would purchase Meritage Midstream’s Powder River Basin assets, including gas gathering and an NGL pipeline, for $885 million cash.
Acquisitions & Divestitures
Diamondback’s Viper Energy Grabs $1B in Permian Basin Royalty Interests
Viper Energy’s cash-and-equity deal adds 2,800 net royalty acres in the Midland Basin and 1,800 net royalty acres in the Delaware Basin with an average 0.7% net revenue interest.
Technology , Environmental , Emissions
Crusoe Energy Partners with XCL Resources to Uinta Basin Reduce Emissions
Under the agreement with XCL, Crusoe will use its Digital Flare Mitigation technology to add 6 MMcf/d of XCL’s production in the Uinta.
Unconventional
Haynesville DUC Count Questioned as US Gas Production Forecast to Slip
The U.S. Energy Information Administration sees natural gas output falling by 147 MMcf/d in September, but the Haynesville Shale and Appalachia region continue to pump out more gas than last year.
Acquisitions & Divestitures , Gathering & Processing , Rail , Pipelines
Energy Transfer to Acquire Crestwood Equity Partners for $7.1 Billion
The all-equity transaction, which includes the assumption of $3 billion of Crestwood debt, adds infrastructure in the Williston and Delaware basins and also provides Energy Transfer with an entry into the Powder River Basin.
Technology
Pioneer Energy Completes Successful Emission Control Trial
Colorado's Pioneer Energy said commercial production is expected in 2024 using emissions control treater technology.
Shale Plays , Crude Oil , Natural Gas , ESG
Innovations Continue to Push the Limits of Efficiency
Next-generation fleets are poised to take center stage.
Technology , Exploration & Production , E&P Tech Trends
Tech Trends: Welltec's Solution to Bradenhead Aches [WATCH]
In this week's episode of Tech Trends, Hart Energy's Jaxon Caines spoke with Welltec's Solutions Director, Nick Rakic, about the technology company's 'Metal Expandable Packer' and how it reduces sustained casing pressure in a wellhead.
Acquisitions & Divestitures
Civitas Enters Permian in $4.7B in Deals for Tap Rock, Hibernia
Civitas Resources expands from the Denver-Julesburg in two deals to buy NGP’s Tap Rock, Hibernia in cash and stock deals valued at $4.7 billion.