More Top Stories in Shale Plays
Exxon Explores Sale of Conventional Permian Basin Assets
Exxon Mobil, which closed a $60 billion takeover of Pioneer Natural Resources this year, is exploring selling legacy conventional assets in the Permian Basin.
Building a Better Non-op? Control the Purse Strings, Executives Say
As they trail E&Ps in the public markets, some non-operated oil and gas companies are taking firmer control of drilling decisions as executives look to reinvent their business model.
Marketed: Henry Energy Non-op Delaware Basin Divestiture
Henry Energy LP has retained RedOaks Energy Advisors for the sale of certain non-operated working interest properties in Reeves County, Texas.
Franklin Mountain Pulls Trigger on Gunbarrel’s 18-well Delaware Project
In August, Franklin Mountain Energy brought online its 18-well Gunbarrel project, targeting the Delaware Basin’s Third Bone Spring and Wolfcamp A, among other intervals.
Verdun Oil: Quietly Leading the Eagle Ford’s Refrac Rally
Verdun is among the largest private producers left in South Texas, with more than 285,000 net leasehold acres and 90,000 net boe/d across the Eagle Ford Shale trend and the Giddings Field.
Powder in the Hole: Devon May Fire up its PRB in Coming Years
Devon Energy is perfecting its spacing and completion recipe in Wyoming’s Powder River Basin play to possibly unleash full-field development later this decade.
In Ohio’s Utica Shale, Oil Wildcatters Are at Home
The state was a fast-follower in launching the U.S. and world oil industry, and millions of barrels of economic oil are still being found there today.
Dusting Off the D-J: Bison Acquires 210,000 Net Acres in 20 Months
Since finding backing from Quantum Energy Partners, Bison Oil & Gas IV has built an 83% HBP position in the Denver-Julesburg Basin, including more than 400 net locations and an average 20,000 boe/d, says CEO Austin Akers.
EIA NatGas Storage Report Comes in at 10 Bcf Above Forecast
Most of the additional gas in storage came from the Appalachian Basin. The Midwest added 19 Bcf and the East added 12 Bcf, according to the EIA.
Avant Natural Resources Steps Out with North Delaware Avalon Tests
With the core of the Delaware Basin in full manufacturing mode, Avant Natural Resources is pushing an operated portfolio into the northern reaches of the New Mexico Delaware.