The Permian Basin has a lot of untapped gassier rock that could be part of a “huge investment” in natural gas, said Michael Sollee, Diamondback Energy’s director of infrastructure, at the IPAA annual meeting.
The combined company will manage 3.1 million gross unit acres across the Marcellus, Haynesville and other U.S. shale plays.
Here is a roundup of marketed leaseholds from select E&Ps in the Haynesville Shale, Niobrara Shale, Denver-Julesburg Basin and Alaska.
In its first update since 1998, the USGS reported significant undiscovered oil, gas and NGL reserves beneath U.S. federal lands—highlighting untapped potential in conventional and unconventional reservoirs.
Aethon Energy is navigating an uncertain market with cautious optimism as the company explores riskier opportunities that can help meet power demand growth, says President and Partner Gordon Huddleston.
Operators such as Matador Resources, Vital Energy and Comstock Resources have drilled more than 60 U-shaped laterals this year.
The Gulf Coast Midstream Partners’ FRESH facility would add about 26 Bcf of storage to southeast Texas in its first phase. The project is pending a final investment decision.
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.