The U.S. independent has set its sights on bringing in $50 billion in free cash flow over the next decade, including $19 billion from its Lower 48 assets.
Energy Transfer seeks to build a pump station and double capacity of the system.
Salt Creek Oil and Gas retained EnergyNet for the sale of multiple nonop packages of North Dakota Bakken Shale assets in Mountrail County through auctions closing Nov. 13.
Wolfcamp wells and a U.S. Gulf of Mexico development test by Shell plus four Eagle Ford producers top this week’s drilling activity highlights from around the world.
Marathon Oil also unveiled a new Delaware Basin oil play with over 60,000 contiguous net acres in Ward and Winkler counties, Texas.
Today’s featured Forty Under 40 honoree is John Argo, Continental Resources’ vice president of business development who has helped the Oklahoma City-based oil producer reduce its debt by more than $1 billion.