- Tight Gas & Oil
- Gas Hydrates
The company is gearing up to roll out its “rig of the future” next year as its Cameron Group looks for further subsea tieback growth opportunities.
The Delaware Basin has caught up to the Permian in acreage valuations through multiple high-profile deals. But can they make money?
Several maneuvers to free liquidity will likely fund the Houston-based company through 2018, analysts said.
The latest data from the U.S. Energy Information Administration shows the number of drilled but uncompleted wells is falling.
The company picks up TIW Corp., founded during the First World War, for its first acquisition since it was formed in 1981.
Donald Trump, the Republican contender for the U.S. presidency, spoke with a group of Colorado oil and gas executives in an information-sharing meeting in early October.
UPDATE: SM’s Midland position will expand to 82,450 net acres and its drilling locations in the basin will increase to more than 4,100.
The company plans to use sale proceeds to fund its 2016 drilling program in the Haynesville Shale, which it recently restarted.
The deal also includes 1.1 million net acres in New Mexico, Wyoming, Colorado, Montana, North Dakota and Utah.
Yo-yoing third-quarter commodity prices undercut momentum for the oilfield services sector and pushed the long-awaited recovery into 2017.
The acquisition complements RSP's Permian portfolio, where it operates in the Midland Basin.
Following a $980 Midland Basin acquisition, the company plans to funnel nearly all of its capex into the Permian and jettison assets in the Bakken and Eagle Ford. Update: In a recent development, SM made two deals worth about $1.9 billion.