Permian

Acquisitions & Divestitures , Shale Plays , Crude Oil

WildFire Energy I Buys Apache’s Eagle Ford, Austin Chalk Assets

Private producer WildFire Energy I, backed by Warburg Pincus and Kayne Anderson, scooped up Apache’s portfolio in the eastern Eagle Ford and Austin Chalk plays.

May 21, 2024

Health, Safety & Environment , Energy Transition , Super DUG

Under Siege: Industry Cuts Emissions Despite Biden's ‘Attack’ on E&Ps

IPAA Chairman and Elevation Resources CEO Steve Pruett shared insight on industry’s concerns over regulations carried out by an “alphabet soup” of agencies from the Environmental Protection Agency to the Federal Trade Commission.

May 20, 2024

Acquisitions & Divestitures , Shale Plays

APA Corp. Sells $700MM in Non-core Permian, Eagle Ford Assets

APA Corp. and subsidiary Apache are selling more than $700 million in non-core assets in the Permian Basin and Eagle Ford Shale—part of a plan to reduce debt after a $4.5 billion acquisition of Callon Petroleum.

May 20, 2024

Field Development , Environmental

Permian Recycling Facility Passes 50 MMbbl of Water Recycling

Occidental Petroleum and Select Water Solutions have collaborated on water treatment and recycling at the site since 2021.

May 20, 2024

Liquefied Natural Gas (LNG) , Natural Gas

ADNOC Buys 11.7% Stake in NextDecade’s Rio Grande LNG Project

The United Arab Emirates’ ADNOC will acquire a 11.7% equity stake in Phase 1 of NextDecade Corp.’s Rio Grande LNG (RGLNG) project from Global Infrastructure Partners (GIP), while also entering an offtake agreement for 1.9 mtpa from the Texas export facility.

May 20, 2024

Shale Plays , Field Development , Video Coverage , Super DUG

Apache CEO: Longer Laterals Expected as Permian Enters New Era

With more than a decade of development in the Midland and Delaware basins, there are more limitations that operators will have to work around, said Apache Corp. CEO John Christmann at Hart Energy's SUPER DUG Conference & Expo.  

May 17, 2024

Acquisitions & Divestitures , Exploration & Production , Super DUG

Diamondback’s Van’t Hof Plays Coy on Potential Delaware Divestiture

Diamondback Energy’s President and CFO Kaes Van't Hof also addressed new Permian exploration and the lack of “fun” dealing with the FTC on its deal to buy Endeavor Energy Resources.

May 16, 2024

Acquisitions & Divestitures , Field Development , Emerging Plays , Emissions , Super DUG , Shale Plays

Permian Powerhouse: Apache Doubles Down on Core Assets After Callon Acquisition

Apache CEO John Christmann detailed plans for the Permian Basin and Suriname during the SUPER DUG Conference & Expo.

May 16, 2024

Exploration & Production , Shale Plays

ConocoPhillips: Permian Basin a ‘Growth Engine’ for Lower 48

ConocoPhillips views the Permian Basin as a “growth engine” within its Lower 48 portfolio, the company’s Midland Basin Vice President Nick McKenna said during Hart Energy’s SUPER DUG event in Fort Worth.

May 15, 2024

Mergers , Exploration & Production , Shale Plays

SUPER DUG: Diamondback's Van't Hof Talks Endeavor Merger, Future of Legacy Delaware Acreage

The SUPER DUG Conference & Expo is in full swing in Fort Worth, Texas, and speaker Diamondback President Kaes Van’t Hof is with Hart Energy's Jordan Blum to talk about Diamondback's pending merger with Endeavor Energy Resources, development philosophies going forward and future plans in the Delaware. 

May 15, 2024