More Top Stories in Shale Plays

Field Development, Emissions

Diamondback May Go Nuclear to Power Permian Basin Ops

Oklo Inc., a California fission power plant developer, on April 8 said it signed a letter of intent to collaborate with Diamondback Energy on implementation of nuclear energy for drilling operations in the Permian Basin.

April 8, 2024

Mergers, Policy & Regulations

Chesapeake-Southwestern Deal Delayed Amid Feds Scrutiny of E&P M&A

The Federal Trade Commission asked Chesapeake and Southwestern for more information about their $7.4 billion merger — triggering an automatic 30-day waiting period as the agency intensifies scrutiny of E&P deals.

April 5, 2024

Shale Plays, Exploration & Production, Acquisitions & Divestitures, Crude Oil

Mighty Midland Still Beckons Dealmakers

The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin's core, following a historic consolidation trend.

April 5, 2024

Liquefied Natural Gas (LNG), Natural Gas

Mexico Pacific FID Imminent for Saguaro LNG Trains 1 and 2

Mexico Pacific Ltd. is close to taking an initial final investment decision for the first two trains at its Saguaro Energía LNG facility in Sonora, Mexico, which will source feed gas from the Permian Basin.

April 4, 2024

Natural Gas, Midstream, Shale Plays, DUG Haynesville, Hart Energy Exclusive

Exclusive: Sponte Operating's Long-haul NatGas Strategy

President and CEO of Sponte Operating Chris Widell says the company is pinching back production as gas prices remain on the lower end, but is ready on the operation side when prices come back up in this Hart Energy Exclusive interview. 

April 4, 2024

Midstream, Finance

Kinetik Holdings Enters Agreement to Pay Debt

Kinetik Holdings entered an agreement with PNC Bank to pay down outstanding debt.

April 4, 2024

Earnings, Shale Plays, Rig Counts, Field Development

E&P Earnings Season Proves Up Stronger Efficiencies, Profits

The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.

April 4, 2024

Acquisitions & Divestitures, Natural Gas, Crude Oil, DUG Haynesville

The Answer to Curbing Permian Associated Gas? More M&A

Consolidation will result in less oil production, and therefore less associated gas, as fewer wells are produced, an energy analyst says.

April 3, 2024

Natural Gas, Natural Gas liquids (NGL), Field Development

Enterprise Increasing Permian NatGas Production

Enterprise Products Partners began service on two natural gas plants: the Leonidas in the Midland Basin and the Mentone 3 in the Delaware Basin, each with a capacity to process 300 MMcf/d of natural gas and 40,000 bbl/d of NGLs.

April 3, 2024

Acquisitions & Divestitures, Shale Plays

An Untapped Haynesville Block: Chevron Asset Attracts High Interest

Chevron’s 72,000-net-acre property in Panola County, Texas is lightly developed for the underlying Haynesville formation — and the supermajor may cut it loose.

April 3, 2024