Diamondback: Permian Gas Next Target but Pipe, Prices Needed

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.

June 23, 2025

PHX Shares End Trading as WhiteHawk Closes $187MM Merger

The combined company will manage 3.1 million gross unit acres across the Marcellus, Haynesville and other U.S. shale plays.

June 23, 2025

On The Market This Week (June 16, 2025)

Here is a roundup of marketed leaseholds from select E&Ps in the Haynesville Shale, Niobrara Shale, Denver-Julesburg Basin and Alaska.

June 20, 2025

USGS: Huge Oil Reserves Under Federal Land in Alaska, New Mexico

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.

June 20, 2025

Right Risk, High Return: Aethon Jumps on Elevated NatGas Prices

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.

June 19, 2025

Lower-Cost Horseshoe Wells Gaining Traction in Tight Leaseholds

Operators such as Matador Resources, Vital Energy and Comstock Resources have drilled more than 60 U-shaped laterals this year.

June 18, 2025

Texas’ RRC Approves Salt Dome NatGas Storage Project Near Houston

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.

June 18, 2025

LNG, AI Fervor Raises M&A Interest for US Shale Gas—PwC

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.

June 18, 2025

Tamboran Beetaloo Flow Test Shows Properties Similar to Marcellus

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.

June 17, 2025

Some Privates Capitalizing on Low Completion Costs Amidst Volatility

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.

June 17, 2025