Permian Basin

Permian Basin Exclusives

Encana Corp. also launched an equity offering for $1 billion, raising the possibility of a Montney sale, analyst says.

Noble Energy, Stover, oil prices, shale technology, forecast

At the beginning of David Stover’s career as a petroleum engineer, he was staring at a 10-year oil supply. How times change.

Bill Marko, analyst, Jefferies, A&D Strategies and Opportunities, conference, oil, natural gas, shale, United States, Yogi Berra, acquisition, divestiture, Hart Energy, downturn, Saudi Arabia, OPEC, swing producer, US oil producer, Energy Information Admi

U.S. shale producers are set to dominate the energy business for decades to come thanks in part to efficiency improvements and ‘smarter business,’ the Jefferies analyst said.

Permian - Texas Drilling Permits Trends

7 Day Trend116 (+11)
30 Day Trend419 (-15)
1 Year Trend4754 (-2615)
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Permian Basin Gross Acreage

 
CompanyNet Acreage
Occidental2,500,000
Apache1,700,000
Chevron1,500,000
Pioneer Natural Resources680,000
All Top Acreage Holders