Separately, Penn Virginia also announced the appointment of Julia Gwaltney, previously COO of Gary Permian, as senior vice president of development, effective Jan. 5.
Multiple discoveries by Occidental in New Mexico’s Eddy County, EOG Eagle Ford, Permian Basin and Niobrara completions plus Exxon Mobil boosts the resource potential for its development offshore Guyana top drilling activity highlights from around the world in 2020.
Some natural gas plays that have been out of the E&P limelight in recent years could make a resurgence, analyst says.
Capital raised for Bellatorum Resources’ latest fund will be used to purchase oil and gas royalties in Texas, including in the Permian Basin, Eagle Ford Shale, Haynesville Shale, and Barnett Shale plays.
Pipeline operator Williams Companies Inc. said on Nov. 23 it will take ownership of some of Chesapeake Energy Corp’s assets in exchange for accepting lower gas gathering fees from the bankrupt shale producer.
EOG’s newly unveiled Dorado natural gas play has an estimated net resource potential of 21 Tcf in 700 ft of stacked pay in the Austin Chalk and Eagle Ford Shale formations.
The Houston-headquartered company said Nov. 5 that the Dorado play has an estimated net resource potential of 21 Tcf in 700 ft of stacked pay.
Marathon Oil reported a loss of $317 million, or 40 cents per share, for the quarter ended Sept. 30, compared to a profit of $165 million, or 21 cents per share, a year earlier.
Railroad Commission candidate Chrysta Castañeda loses her bid to become the first Democrat to win a Texas statewide office in decades in a clear loss to Republican James “Jim” Wright.