Texas/La Gulf Coast

Natural Gas , Earnings , Mergers , Exploration & Production

Chesapeake Stockpiles DUCs as Doubts Creep in Over Southwestern Deal

Chesapeake Energy is stockpiling DUCs until demand returns through growth from LNG exports, power generation and industrial activity.

May 2, 2024

Earnings , Liquefied Natural Gas (LNG) , Natural Gas

Tellurian Reports Driftwood LNG Progress Amid Low NatGas Production

Tellurian’s Driftwood LNG received an extension through 2029 with authorization from the Federal Energy Regulatory Commission and the U.S. Army Corps of Engineers.

May 2, 2024

Field Development

SilverBow Makes Horseshoe Lateral in Austin Chalk

SilverBow Resources’ 8,900-foot lateral was drilled in Live Oak County at the intersection of South Texas’ oil and condensate phases. It's a first in the Chalk.

May 1, 2024

Acquisitions & Divestitures , Exploration & Production

Comstock Adds Four Whopper Wildcats; Takes Western Haynesville to 450K

Comstock Resources' four newest wells, which IP’ed at more than 35 MMcf/d, were landed at up to 19,400 feet total vertical depth.

May 1, 2024

Acquisitions & Divestitures , Mergers , Investment

M&A Spotlight Shifts from Permian to Bakken, Marcellus

Potential deals-in-waiting include the Bakken’s Grayson Mill Energy, EQT's remaining non-operated Marcellus portfolio and some Shell and BP assets in the Haynesville, Rystad said.

April 29, 2024

Shale Plays , Acquisitions & Divestitures , Earnings

Chevron CEO: Permian, D-J Basin Production Fuels US Output Growth

Chevron continues to prioritize Permian Basin investment for new production and is seeing D-J Basin growth after closing its $6.3 billion acquisition of PDC Energy last year, CEO Mike Wirth said.

April 29, 2024

Exploration & Production , Shale Plays , Crude Oil , Natural Gas

Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones

Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.

April 29, 2024

Rig Counts , Natural Gas

Repsol to Drop Marcellus Rig in June

Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.

April 26, 2024


Wayangankar: Golden Era for US Natural Gas Storage – Version 2.0

While the current resurgence in gas storage is reminiscent of the 2000s —an era that saw ~400 Bcf of storage capacity additions — the market drivers providing the tailwinds today are drastically different from that cycle.

April 19, 2024


Matador Resources Announces Quarterly Cash Dividend

Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.

April 18, 2024