Water management and ESG goals move in tandem across the Permian, Eagle Ford, Bakken and Appalachian regions.
Recompletions in the Eagle Ford are underway, with future refrac wells identified by companies such as Devon Energy and Murphy Oil.
As producers scramble to extend their inventory runways, companies are drilling deeper test wells in the Permian Basin and exploring emerging plays in the Lower 48.
ConocoPhillips is not just the largest unconventional producer, but its Midland, Delaware, Eagle Ford and Bakken positions average $32 WTI breakevens, the company’s Lower 48 chief said at Hart Energy’s SUPER DUG conference.
Devon is thinking about energy ‘beyond oil and gas’ as it looks to supply future needs.
The prolific Permian Basin will lead gains in both crude oil and natural gas production next month, according to new figures from the U.S. Energy Information Administration.
NextEra Energy Partners will first launch a process to sell its Eagle Ford assets in 2023 and its Pennsylvania assets in 2025, John Ketchum, NextEra’s chairman, president and CEO said.
VirTex Operating Company Inc., Faraday Midstream Co. and Catalyst Drilling Co. retained Bok Financial Securities for the sale of a vertically integrated operated upstream, midstream and well service assets in the Eagle Ford.
Baytex reported on May 15 that shareholders had approved the $2.5 billion deal to acquire Eagle Ford operator Ranger Oil Corp.
In this week's A&D Minute, Callon Petroleum unveils plans to exit the Eagle Ford Shale, Crescent Energy looks to expand its Eagle Ford inventory and Diamondback Energy completes divestitures of assets both upstream and midstream.