Coterra Energy’s 54-well Wolfcamp-Harkey Test

The operator plans to experiment where it has Harkey Mills sandstone in the Delaware Basin by landing three wells in it while making 51 Wolfcamp wells.

June 19, 2024

Private E&P Point Energy Triples Delaware Basin Production to 15,000 bbl/d

Point Energy Partners has since brought on an additional 15 wells and has 12 more coming online later this year in Ward County, Texas, while its leasehold in northern Loving County is tied up in a dispute with Matador Resources.

June 19, 2024

Chesapeake COO: Shale Gas Basins See Exploration, Step-out Activity

U.S. gas producers continue to wade through low commodity prices, a situation made even stickier by record Permian gas production, said Chesapeake COO Josh Viets. But with a “constructive” natural gas market on the horizon, producers are consolidating and exploring for drilling runway.

June 18, 2024

Northern Midland: EOG Brings on Dean Oil Well in SE Dawson Stepout

EOG Resources has not stated yet that Dawson County is the location of its new “stealth play.” It remained mum in an investment-banking conference this week.

June 18, 2024

E&P Highlights: June 17, 2024

Here’s a roundup of the latest E&P headlines, including Woodside’s Sangomar project reaching first oil and TotalEnergies divesting from Brunei.

June 17, 2024

Permian Surface-owner LandBridge to Raise up to $367MM in IPO

Houston-based LandBridge holds some 220,000 surface acres in the Delaware Basin.

June 17, 2024

Laying in Wait: San Juan’s ‘Remarkable’ Mancos Shale Oil Wells

The past decade has been difficult for the San Juan Basin, which suffered from a lack of activity and exits by major operators. But experts say inventory-hungry operators shouldn’t overlook the San Juan’s long-term potential.

June 16, 2024

By the Horns: Matador Wrangles Ameredev Deal for Delaware Scale

Matador Resources expects its enterprise value to reach $11.5 billion after acquiring Ameredev II for $1.9 billion in cash—not bad for a brand launched in 1983 with friends-and-family financing.

June 13, 2024

Exclusive: How Liberty’s ‘Improved’ Operations Transformed the Bakken’s Core

Liberty Resources II’s president and CEO Mark Pearson walks through the sale of its Bakken assets to Silver Hill Energy Partners and highlights a few M&A drivers in the play, in this Hart Energy Exclusive interview.

June 12, 2024

Oxy, Other E&Ps Look to Alternative Power Sources for Ops

Oil and gas companies Occidental Petroleum Corp. and Diamondback Energy Inc. are collaborating with fission and fusion power technology companies to power their operations.

June 12, 2024