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Rig Counts , Shale Plays
US Drillers Add Oil and Gas Rigs for Ninth Week in a Row
Baker Hughes said that puts the total rig count up 273, or 60%, over this time last year.
May 20, 2022
Shale Plays , Acquisitions & Divestitures
Exxon Mobil to Sell Barnett Shale Assets for $750 Million
The transaction supports the oil major's corporate strategy to prioritize investments on advantaged assets with lowest cost of supply.
May 19, 2022
Exploration & Production , Shale Plays , Drilling
Permian Delaware Output to Hit Record High this Year: Rystad Energy
Private operators will be a significant driver of the record growth as they have reacted quickly to the elevated market, increasing activity and output.
May 19, 2022
People , Shale Plays
Back to the Patch: Shale Jobs Headed Toward Strong Recovery, Report Shows
Employment in the U.S. oil and gas industry is set to expand by 12.5% this year, a Rystad report shows.
May 19, 2022
Business , Shale Plays , Transactions
Permian Operators Colgate, Centennial to Combine in $7 Billion Merger
The $7 billion “merger of equals transaction” of Centennial Resource Developement and Colgate Energy will create the largest pure-play E&P company in the Delaware Basin of the Permian.
May 19, 2022
Investment , Shale Plays , Acquisitions & Divestitures
VTX Energy to Spend Billions on Acquisitions as Capital Providers Remain on Sidelines
The flight of capital from the E&P space is among the limiting factors keeping the U.S. from responding to the growing global demand for crude and natural gas, VTX Energy CEO Gene Shepherd told DUG Permian and Eagle Ford attendees.
May 19, 2022
Investment , ESG , Shale Plays
DUG Permian, Eagle Ford: Sheffield Says Energy Security Issues Trump ESG Concerns
“Nobody’s going to drop ESG, but energy security has become 10 times more important than ESG,” Pioneer Natural Resources CEO Scott Sheffield told DUG Permian and Eagle Ford attendees.
May 18, 2022
Shale Plays , Pipelines
Tallgrass Energy, ADM Plan Carbon Transport and Sequestration Deal
The pipeline will connect to Tallgrass' recently announced CO2 sequestration hub in eastern Wyoming.
May 18, 2022
Emissions , ESG , Shale Plays
More Drilling Will Fuel Long Term Sustainability Goals, Rystad’s Shale Expert Says
In an exclusive video interview, Alisa Lukash, vice president of shale research at Rystad Energy, discussed how the current environment will impact short- and long-term sustainability strategies of U.S. shale companies.
May 18, 2022
ESG , Shale Plays , Technology
DUG Permian Extra: How Operators Can Align More Output with ESG Goals
Megan Pearl, director of technology at Locus Bio-Energy Solutions, discussed how the company’s naturally produced biosurfuctants are helping operators increase production while meeting climate goals.
May 18, 2022