More Top Stories in Shale Plays
US NatGas Prices Jump 10% on Lower Output, Higher Demand, Technical Buying
Gas prices fell about 7% and closed below the 200-day moving average on May 19, which some analysts said likely prompted some technical traders to start buying gas.
Breaking the Efficiency Barrier: Permian OFS Firms Race to Improve
Service companies such as NOV and ChampionX, working with operators, are optimizing well designs to boost well productivity and ultimately lower costs as shale production growth slows.
PROPWR to Provide 80 MW of Power Generation in Permian
ProPetro’s PROPWR division is set to provide power to customers in the Permian Basin.
Continental Suit Alleges Hess Defrauded it Out of $69MM
Continental Resources alleges that it was paid below market value for non-operated interests it held in Hess Corp. wells in the Bakken.
Continental Resources Tests More Layers of Williston Basin Oily Rock
Continental Resources is exploring new Williston Basin formations for stimulated, horizontal potential with 2025-minted D&C recipes, but which formations are being tested remains under wraps for now.
Occidental Pushes Midland Exploration into Strawn, Wichita-Albany
Occidental Petroleum is venturing beyond the Wolfcamp and Spraberry to explore deeper potential in the Permian Basin’s Strawn, Atoka, Wichita-Albany and Barnett formations.
E&P Highlights: May 19, 2025
Here’s a roundup of the latest E&P headlines, from a new oil discovery offshore Brazil to Libya’s latest upstream licensing round.
Report: Delaware Basin’s Northwind Midstream Considering $2B Sale
Five Point Infrastructure’s Northwind Midstream has focused on sour gas treatment since its formation in 2022.
Waha Hub NatGas Prices Turn Negative
Analysts expect producers will respond to negative Waha natural gas prices with a boost in ethane production.
Crescent Energy Appoints Former Pioneer Exec Joey Hall as COO
Crescent Energy has chosen Joey Hall, who most recently served as executive vice president of operations at Pioneer Natural Resources and oversaw the Permian Basin and Eagle Ford Shale, as its new COO.