Commentary: Maximizing the Opportunity for Energy Dominance
Energy produced in the U.S. already has a strong grip on global markets. But with the country on the cusp of a new regulatory environment, will the U.S. capitalize on the opportunity to maximize energy dominance?
East Daley: New Pipelines Could Open Permian Floodgates
Led by the opening of the Matterhorn Express, a slew of projects is set to battle regional bottlenecks in the Permian Basin region but power generation may be the catalyst for newly announced pipelines.
Marketed: Slash Exploration Delaware Basin Opportunity
Slash Exploration Ltd. has retained EnergyNet for the sale of working interest participation in the Capitan 22301 27-22 State Com #20H wellbore in Lea County, New Mexico.
Brigham Exploration Grows Permian Footprint in Non-Op Assets Deal
Brigham Exploration is significantly adding to its Permian Basin non-operated portfolio with an acquisition of 7,000 acres from Great Western Drilling.
LongPath Ditches Up-in-the-Air Tech for Emissions Reduction Closer to Ground
LongPath Technologies has received a federal loan to develop a monitoring network and conditional approval from the state of New Mexico for use of its system at oil and gas operations.
Exxon’s Custom, Lightweight Proppant Boosts Permian EURs by 15%
Exxon is lowering drilling and completion costs, boosting EURs by 15% with custom proppant and considering upside from less developed Permian Basin zones.
E&P Highlights: Dec. 16, 2024
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Freehold Closes $182MM Acquisition of Midland Basin Interests
Freehold Royalties’ acquisition from a private seller includes around 1,300 boe/d of net production and 244,000 gross drilling acres largely operated by Exxon Mobil and Diamondback Energy.
Phillips 66 Sells Stake in Gulf Coast Express for $865MM
After the sale, the ownership of the line will be split between affiliates of ArcLight Capital Partners and subsidiaries of Kinder Morgan, which owns the operating interest in the pipeline.
Wildcatting is Back: The New Lower 48 Oil Plays
Operators wanting to grow oil inventory organically are finding promising potential as modern drilling and completion costs have dropped while adding inventory via M&A is increasingly costly.