- Tight Gas & Oil
- Gas Hydrates
Few transactions have emerged in the Eagle Ford in 2016 but a new company is using the 'acquire and exploit' model to cut deals with large leaseholders for noncore assets.
For shale players, better reservoir connections are crucial to unlocking economic barrels.
A recent study revealed Colorado’s Weld County has the most economic fracklog in the U.S., implying that a major part of the growing DUC inventory is commercial at current oil prices.
Panelists at Hart Energy's DUG Permian conference said sand, spacing and slickwater have played key roles in the multistage fracturing process that contributed to the Permian Basin becoming today’s largest oil-producing region in the U.S.
The U.S. might not need shale oil growth now, but from 2017-2020 demand will require an additional 0.7-0.9 MMbbl/d annually, an analyst said.
As E&Ps become more efficient at finding ways to grow production, the midstream sector is getting ready to handle what comes its way when commodity prices rise by improving infrastructure.
The company purchased mineral rights under its existing acreage to increase its working interest and net revenue interest.
Larry Prado, Hart Energy's activity editor, summarizes some of the recent activity in the Greater Rockies by companies including Chesapeake, SM Energy and SandRidge.
While Aubrey McClendon’s legacy won’t be tarnished by the closing of his final venture, the company will lose 100 employees who had worked under his guidance.
The company had agreed to purchase about 27,000 net acres for $200 million but was outbid by an undisclosed party by about $140 million.
The company has been purchasing assets since late 2015 and now has production of about 17,000 boe/d located in Karnes County, Texas.
Well service work has focused on necessary maintenance and little else in the Marcellus Shale area, according to Hart Energy's Heard In The Field survey respondents.