- Tight Gas & Oil
- Gas Hydrates
Early signs point to a potential struggle within even the most productive parts of the shale patch, increasing the odds of an OPEC deal extension beyond March. But will that actually happen?
The company has identified up to 200,000 acres in the Midland and Delaware sub-basins for transactions in 2017-2018.
The company appears to be financially challenged after a prolonged slump in oil prices.
With 120,000 net acres and an estimated 4,200 locations, the new company also meshes with Kingfisher Midstream to offer a potential spinoff IPO for development cash.
WPX has added midstream JVs, sand contracts and acquired 18,000 Permian acres while working out the complexity of its Delaware Basin acreage.
President’s executive order on infrastructure will lead to dramatic uptick in industry jobs, especially in pipeline construction, API and North America’s Building Trades Unions say.
After a rocky second-quarter performance, the company cut its capex but still faces an outspend of at least $300 million.
Nabors’ roughly $216 million acquisition of Tesco is ‘rare win-win in oil patch consolidation,’ analyst says.
The Permian Basin, Eagle Ford and Marcellus shales all have opportunities and, in some cases, deep pitfalls.
Rockcliff’s Haynesville Shale acreage will expand to 180,000 net acres following the close of two deals announced in August.
Natural gas production from this oily basin could double by 2020, causing bottlenecks. Mexican end users and overseas LNG buyers wait while the midstream gears up.
The company will keep capex steady despite adding 12,400 net acres but its forecast for oil production underwhelmed analysts.