Aethon Energy is navigating an uncertain market with cautious optimism as the company explores riskier opportunities that can help meet power demand growth, says co-President Gordon Huddleston.
Operators such as Matador Resources, Vital Energy and Comstock Resources have drilled more than 60 U-shaped laterals this year.
Power shift: While E&P dealmaking stalls amid tariffs and price swings, gas-fired assets and utilities are fueling a new M&A surge, PwC finds.
Tamboran Resources’ sidetrack in the Beetaloo Basin IP’ed an average of 7.2 MMcf/d over 30 days from a roughly 1-mile lateral, an IP rate similar to the average IP-30 of Marcellus dry-gas wells.
Liberty Energy CEO Ron Gusek says he sees private companies in strong financial positions adding rigs to drill while completion costs are low and then waiting for a strong price signal to move ahead on production.
Post Oak has made commitments to five portfolio companies, with capital deployed in the Permian Basin and Utica and Haynesville shales.
Japan’s Mitsubishi is reportedly in talks to acquire Aethon Energy’s Haynesville assets in a deal that could be worth $8 billion.
Matador Resources CEO Joe Foran discusses the driving decision in locking in its hedges earlier this year and the company’s oil and gas growth plans, in this Hart Energy Exclusive interview.
Tariff and inflation fears are complicating an energy market with sectors that remain poised to boom, financial managers say.
The Bakken and Eagle Ford have three or four years of new-drill well inventory left at $63/bbl WTI while the Permian has between seven and 10 years, Quantum Capital Group’s Wil VanLoh said at Hart Energy’s Energy Capital Conference.