Despite some initial resistance to the idea, Halliburton and Stanolind Oil pioneered the hydraulic fracturing that led to the shale boom.
Matador Resources’ 19 lenders unanimously approved a 30% increase to the E&Ps borrowing base to $3.25 billion.
Chevron holds more than 70,000 net acres in Panola County, Texas, but had only five Haynesville wells on the acreage at year-end 2023.
Aethon Energy’s latest well made 2.6 Bcf in its first 3.5 months online. The new play’s first 15 wells to date have made 100.3 Bcf, averaging 21 MMcf/d over a combined 159 months.
Sabine Oil & Gas CEO Carl Isaac said it will be interesting to see what transpires with Chevron’s 72,000-net-acre Haynesville property that the company may sell.
Tokyo Gas said acquiring Rockcliff would jumpstart its U.S. production volumes from approximately 330 MMcf/d to 1,300 MMcf/d.
Proceeds from the new fund were used to purchase an existing portfolio of assets in the Marcellus, Woodford and Cotton Valley gas plays from affiliated Outfitter managed funds.
Here’s a quicklist of oil and gas assets on the market including an Abraxas Petroleum Delaware Basin opportunity in Pecos County, Texas, plus an Excess Energy multibasin royalty divestiture.
Here’s a quicklist of oil and gas assets on the market including Founders Oil and Gas operated Central Basin Platform assets plus a McCamey Permian Basin mineral divestiture.
Here’s a quicklist of oil and gas assets on the market including a Permian mineral and royalty opportunity comprising acreage plus drilled, permitted and undeveloped locations within the Delaware and Midland basins.