Chord Energy drilled and completed its first 4-mile Bakken well and plans to drill more this year. Chord is also considering a sale of non-op Marcellus interests in northeast Pennsylvania.
Civitas Resources is adding Midland Basin production and drilling locations for 300ドル million. To offset the purchase price, Civitas set a 300ドル million divestiture target "likely to come" from Colorado’s D-J Basin, executives said.
An initial SM Energy test made 250,000 boe in its first eight months online. Vital Energy is reporting more than 150,000 gross boe per 10,000 ft of lateral in its first-six-month output.
Occidental Petroleum is exploring upside in the Permian’s secondary benches, including deeper Delaware Wolfcamp zones and the Barnett Shale in the Midland Basin.
If all required permits are secured, BKV’s CCS project in the Eagle Ford Shale will begin full operations in first-quarter 2026, the Barnett natural gas producer says.
U.S. Energy Development Corp. is planning to spend up to 1ドル billion across the Lower 48 this year, with most budgeted for the Permian Basin.
Diversified Energy will acquire EIG’s Maverick Natural Resources, adding acreage that offsets Diversified’s core Western Anadarko position and Permian Basin assets in the northern Delaware.
Appalachian Basin oil and gas producer Infinity Natural Resources plans to sell 13.25 million shares at a public purchase price between 18ドル and 21ドル per share—the latest in a flurry of energy-focused IPOs.
360 Energy, a startup that sets up generators on pad sites and uses the electricity for cryptocurrency, has recently caught the attention of Halliburton Labs.
Exxon is lowering drilling and completion costs, boosting EURs by 15% with custom proppant and considering upside from less developed Permian Basin zones.
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