Texas/La Gulf Coast

Beyond the Horizon: Exploring the Permian’s Longest Laterals

Horizontally drilled lateral wells are all the rage in the Permian Basin. Let’s take a look at the 10 longest wells drilled in the Basin.

July 17, 2024

Permian Gets Gas Relief as ADCC Pipeline Begins Commercial Service

The ADCC Pipeline will source volumes from the Permian Basin, Eagle Ford Shale and Texas Gulf Coast for transport to Cheniere’s Corpus Christi LNG facility.

July 12, 2024

APA Closes Midland Basin, Eagle Ford Divestitures for $660 Million

APA Corp. and subsidiary Apache sold non-core assets in the Permian Basin and Eagle Ford Shale sooner than expected, and for less, as the company looks to reduce debt from its Callon Petroleum deal earlier this year.

July 11, 2024

M&A Values: Permian Still No. 1 as U.S. Average Falls Sharply

Gas-weighted assets’ M&A values have declined with gas futures since 2022, according to J.P. Morgan Securities analysis.

July 10, 2024

Diversified to Buy East Texas NatGas Assets from Crescent Pass

Diversified Energy’s $106 million deal with Crescent Pass Energy comes during a prolonged dip in natural gas prices that some analysts expect to rebound as demand ramps up for LNG exports and power demand.

July 10, 2024

BPX Expands Its US Shale Game

BPX CEO Kyle Koontz delves into development plans in the Permian, Eagle Ford and Haynesville.

July 10, 2024

The OGInterview: BPX E-fracs Push ‘Values Up, Emissions Down,’ CEO Says

BPX Energy CEO Kyle Koontz discusses the company’s role as the “nimble entrepreneurial” arm of supermajor BP in the Permian Basin and Haynesville and Eagle Ford shales.

July 2, 2024

It’s All Relative: Family Oil Companies Attract Huge M&A Attention

What role do firms controlled by descendants of the original Permian Basin wildcatters play in a sector increasingly dominated by scale?

July 1, 2024

Formation Minerals Acquires Haynesville Shale Interests

Formation Minerals purchased Haynesville Shale interests on acreage operated by Aethon Energy Management.

July 1, 2024

Gas Producers Increasingly Dominating in New Shale Top Operators List

As more private oil producers are gobbled up by giant publics, the gas players are moving up the ranks of the top operators, according to a compiled list by Enverus in an exclusive partnership with Oil and Gas Investor.

June 26, 2024