News
May 16, 2023
The Acquired Assets are primarily located in Ward and Reeves Counties, Texas and include approximately 10,200 net acres, 30.5 net producing wells, 2.3 net wells-in-process and roughly 20 low-breakeven net undeveloped locations.
News
May 12, 2023
Union Avenue is a mature field that has produced an approximate cumulative 2.3 MMbbl of oil and 1.2 Bcf of gas, with significant remaining long-term, oil-production potential, including from a recent, partly-developed, new-pool discovery.
News
May 12, 2023
The transaction will expand Vital Energy’s Permian basin leasehold to roughly 198,000 net acres and establish core operating positions in Pecos, Reeves and Ward counties.
News
May 09, 2023
Data collected from the well along with geomechanical and 3D seismic review has enhanced TAG’s horizontal well design. Plans are underway to secure a drilling rig to drill the first horizontal well designed with a multi-stage fracture stimulation.
News
May 05, 2023
With a design depth of 9,472 meters, it will be the deepest oil and gas well in Asia and a breakthrough of milestone significance in China's ultra-deep oil and gas exploration.
News
May 04, 2023
Callon's operations will be focused on its more than 145,000 net acres in the prolific Permian basin, executing its proven "Life of Field" Co-Development Model on an expanded Delaware Basin footprint.
Whitepaper
Finding a Better Lining for Free Water Knockout Vessels
May 03, 2023
Sherwin Williams
News
May 03, 2023
Acquisition of operatorship and incremental working interest in existing non-operated assets significantly enhances Crescent’s scale in the Eagle Ford. Expanded operational control provides an opportunity for meaningful improvement in capital efficiencies, asset performance and basin-wide synergies.
News
May 03, 2023
The addition of Chesapeake's assets and operations in south Texas is part of INEOS Energy’s strategy to build a global integrated portfolio, fit for the energy transition, offering high-quality, energy solutions to its customers.
News
May 02, 2023
This comes on the heels of Trio’s announcement last week that it contracted a drilling rig and will within two weeks commence drilling operations on the HV-1 well located on Trio’s asset called the South Salinas Project.
News
April 27, 2023
The 30-well Barnett shale drilling program totaled 96 miles drilled. The average lateral length was approximately 8,200 feet per well, with average spud to rig release under 13 days.
News
April 27, 2023
This acquisition marks the third Eagle Ford basin deal closed this year and is the largest single purchase the Elk Range team has made in the basin to date.
Article
April 2023
Long distance delivery
Article
April 2023
An independent operator and oil and gas investment broker provides perspective on strategies and future potential of the Permian basin, including short- and long-term forecasts for E&P opportunities in West Texas.
News
April 26, 2023
U.S. Energy anticipates full development of the project to comprise another $130 million in capital expenditures over the next two years, bringing the total transaction value to well over $300 million.
News
April 26, 2023
Companies are seeking to bulk up and consolidate, particularly in the Permian basin, the largest and most productive oil field in the U.S., industry experts say.
News
April 21, 2023
Liberty's estimate suggests an about 6% increase this year to the about 250 fleets now available in the U.S. to break trapped shale oil and gas for production.
News
April 21, 2023
FireBird Energy II LLC has secured equity commitments in excess of $500 million anchored by funds managed by Quantum Energy Partners. The founders and employees of FireBird II, along with other strategic partners, are making significant equity commitments to the company alongside Quantum.
News
April 20, 2023
Drilling operations are expected to commence in approximately 2 weeks at Trio’s HV-1 well, located on the company’s 8,600-acre asset called the South Salinas Project in Monterey County, California.
News
April 18, 2023
Chief Executive Officer Doug Manner commented, "We are disappointed that our VMM-37 partner for more than a decade, ExxonMobil, has voluntarily chosen to withdraw from both the JOA and Contract.
