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Bakken
Investment , Exploration & Production , Acquisitions & Divestitures
Devon Energy CEO Rick Muncrief Shares Secrets of Successful A&D
Devon Energy’s chief executive revealed the formula that made the firm’s merger with WPX Energy work.
February 2, 2023
Private Equity , Midstream
Intensity Infrastructure Partners Secures Equity Backing from EIV Capital
In February, EIV Capital raised $702 million in funding and said it had more than $900 million to deploy into new investments.
January 31, 2023
Business , Exploration & Production , Deepwater , Shale Plays
Hess Corp. Reports Fangtooth SE-1 Find, Sets 2023 Capex Budget at $3.7 Billion
New York-based Hess Corp. announced a new discovery offshore Guyana and set its 2023 E&P capital and exploratory budget at $3.7 billion, of which more than 80% will be allocated to the Bakken and Guyana’s Stabroek Block.
January 24, 2023
Enhanced Oil Recovery
Bakken EOR Trial Increased Output by 25%
Liberty Resources' pilot project shows alternating produced gas with water/surfactant EOR mix boosts production and cuts costs in the Bakken Shale.
January 10, 2023
Exploration & Production , Crude Oil , Shale Plays
John Hess: Bakken, US Shale to Plateau in Coming Years
Hess Corp. CEO John Hess expects his company’s shale production in the Bakken to plateau at 200,000 boe/d in 2024 and remain steady for eight to 10 years and overall U.S. shale production to flatten in 2025 or 2026.
January 8, 2023
Company Profiles , Exploration & Production , Acquisitions & Divestitures
There and Back Again: Rick Muncrief and Devon Energy’s Permian Journey
President and CEO Rick Muncrief details Devon's course since its merger with WPX Energy; its deals in the Eagle Ford and Bakken; and the almighty dividend.
January 3, 2023
Natural Gas , Crude Oil
Prices Retreat as Oil and Gas Facilities Recover from Storm
From the Bakken to Appalachia to the Gulf Coast, the arctic assault knocked out oil and gas production, and refining capacity.
December 28, 2022
Acquisitions & Divestitures
Enerplus Closes Sale of Canadian Assets to Surge Energy
Enerplus Corp. previously announced the sale on Nov. 2.
December 20, 2022
Lease Sales
Marketed: TRP Minerals LLC 11 Well Package
TRP Minerals LLC retained EnergyNet for the sale of an 11-well package in North Dakota's Dunn County.
December 7, 2022
Acquisitions & Divestitures
From Underdog to Big Dog: Phoenix Capital Group Touts D-J Basin Deal
The company doesn’t mince words, whether it’s calling out “unsavory, unethical and dishonest mineral shops,” lowball offers or celebrating its wins over its better-capitalized competitors.
December 6, 2022