Chris
Mathews
Hart Energy
SLB Closes $7.76B ChampionX Purchase After Prolonged Review
SLB closed its long-awaited acquisition of ChampionX, adding scale in North America and growing in the production and recovery segment. The deal faced over 15 months of regulatory scrutiny in markets worldwide.
San Juan Rig Activity Booms as Gas Prices Rise, M&A Heats Up
Drilling activity in the San Juan Basin has surged to its highest level since 2015, fueled by a rise in natural gas prices. Analysts say deeper Mancos Shale wells with higher IPs could lift San Juan gas output by 500 MMcf/d by 2030, reshaping the legacy basin’s future.
Smackover Sees Record Lithium Brine Concentration in SWA Project Area
Sampling of brine from the Lester well showed a lithium concentration of more than 600 mg/L, Standard Lithium said.
E&P Highlights: July 14, 2025
Here’s a roundup of the latest E&P headlines, including a natural gas discovery in the Barents Sea and a new Woodside contract offshore Mexico.
The Latest
SLB Closes $7.76B ChampionX Purchase After Prolonged Review
SLB closed its long-awaited acquisition of ChampionX, adding scale in North America and growing in the production and recovery segment. The deal faced over 15 months of regulatory scrutiny in markets worldwide.
San Juan Rig Activity Booms as Gas Prices Rise, M&A Heats Up
Drilling activity in the San Juan Basin has surged to its highest level since 2015, fueled by a rise in natural gas prices. Analysts say deeper Mancos Shale wells with higher IPs could lift San Juan gas output by 500 MMcf/d by 2030, reshaping the legacy basin’s future.
Smackover Sees Record Lithium Brine Concentration in SWA Project Area
Sampling of brine from the Lester well showed a lithium concentration of more than 600 mg/L, Standard Lithium said.
E&P Highlights: July 14, 2025
Here’s a roundup of the latest E&P headlines, including a natural gas discovery in the Barents Sea and a new Woodside contract offshore Mexico.
Flywheel Energy Acquires Terra’s Colorado Piceance Gas Assets
Flywheel Energy has quietly taken control of Terra Energy Partners’ Piceance gas asset, one of the largest in the basin, in a confidential deal. The deal expands Flywheel’s private natural gas empire beyond Arkansas’ Fayetteville Shale.
Greylock Packs a One-Two Punch with ‘Demand-Driven Projects’
Privately held producer Greylock Energy gains traction in both upstream and midstream deal-making, boosting build-out in Appalachia and the Rockies.
Chord’s Longer Laterals Delivering Bigger Returns to Shareholders
Chord Energy shareholders are reaping the benefits from the Bakken E&P’s foray into drilling longer laterals, though a further dip in oil prices could cause the company to hunt for acquisitions at the low point in the cycle.
Hilcorp Joins Monster Western Haynesville; Mitsui Rigs Up
Hilcorp Energy made two horizontal recompletions in vintage wells in the area, while Mitsui E&P USA has pulled four permits, according to Texas Railroad Commission files.
Touchstone Explores Trinidad and Tobago with Fifth Cascadura Well
Touchstone Exploration Inc. drilled its Cascadura-5 development well onshore Trinidad and Tobago on time and within budget after encountering “encouraging” data.
Report: Permian Resources is Delaware Basin’s Most Undervalued E&P
Raymond James’ E&P analyst John Freeman last delved into the Delaware Basin in 2023. This year, Permian Resources ranked last when comparing market valuation to core, future well locations.