Contango, oil, gas, Permian, Delaware Basin, interests, acquisition, deal, acquire, Wolfcamp, Bone Spring, Pecos County, Texas, Seaport Global Securities, Allan Keel, president, CEO, RBC Capital Markets, SunTrust Robinson Humphrey, equity, offering

Contango Enters Permian With Deal For Delaware Interests

Contango’s acquisition includes about 157 gross potential locations across the Wolfcamp A and B and Bone Spring formations, which the company plans to start drilling by October.

July 21, 2016
E&P, oil, gas, capex, debt, outspend, dcf, WTI forecast

E&Ps Keep Close Watch On Spending, But For How Long?

Investors are concerned that producers will be unable to keep savings they say are tied to efficiency improvements as service companies begin to assert themselves after two years of discounts.

July 21, 2016
Devon, oil, Stack play, well, record, production, laterals

Devon’s Stack Well Uses Shorter Laterals For Big Results

Devon is conducting a series of well-spacing pilot tests in preparation for its 2017 game plan to drill the Meramec.

July 20, 2016
M&A, U.S. Silica, NBR sand, deal, shale, fracking, slickwater, Eagle Ford

U.S. Silica Buys New Grit In Texas

The company has inked two deals in 2016 and says it has more opportunities it is exploring as it expands during the downturn.

July 19, 2016
downhole, completion, trends, Oklahoma, Kingfisher, Stack, Hart Energy, Heard In The Field, Anadarko Basin, Midcontinent, operators, well completions, Scoop, Woodford, Meramec, Cleveland Sand, Granite Wash, Mississippi Lime, oil, gas, shale, fracking, sur

Completion Trends: Oklahoma's Kingfisher County Leads The Stack Play

Even though well completions in the Anadarko Basin fell during the first half of the year, Midcon operators have still remained active in the Stack, Scoop and Cleveland Sand plays.

July 19, 2016
hint, demand, Midcontinent, workover, rigs, well service, Midcon, Hart Energy, Heard In The Field, pricing, oil, gas, shale, fracking, survey, report, debt, capital, routine maintenance, mergers, acquisitions, completions, hourly rates

Hint Of Demand For Midcontinent Workover Rigs

Pricing remains steady and bid inquiries are up for Midcon workover services. Demand was actually on the cusp of increasing in the second quarter until weather interrupted field work.

July 18, 2016
Takeaway, natural gas, shale, Marcellus, Utica, pipeline, midstream, DUG East, conference, Hart Energy, Michael Huwar, Columbia Midstream Group, Pittsburgh, Appalachia Basin, greenfield, construction, projects, Ohio, West Virginia, Pennsylvania, Shell, cr

Takeaway: Getting Gas Out Of The Marcellus/Utica

The Marcellus and Utica shale plays have vast amounts of natural gas available, so how can midstream companies create the necessary takeaway capacity?

July 15, 2016
exploration, production, oil, gas, slash, capex, budgets, Cowen Co, spending survey, analysis, North America, Marc Bianchi, Charles Robertson, onshore, offshore, West Texas Intermediate

Survey: E&P Expenditure Cuts Deepen For 2016

E&Ps have nearly doubled spending reductions, from 22% in January for U.S. spending to 43% at midyear.

July 15, 2016
Laredo Petroleum, Midland Basin, bolt on, acquisition, enhances, 125 million, Glasscock County, Texas, Reagan County, Spraberry, David Tameron, Wells Fargo Securities, Permian Basin, longer laterals, Wolfcamp, Canyon, Cline, shale, earth model, Randy Fout

Laredo Enhances Midland Basin Footprint With $125 Million Bolt-On

Laredo’s acquisition focuses on its acreage position in western Glasscock County, Texas, where development includes drilling 10,000-foot or longer laterals.

July 14, 2016
Wood Mackenzie, tight oil, price, bbl, breakeven, deepwater, oil

Report: US Tight Oil Wins On Lower Global Cost Curve

Of the 13 MMbbl/d of new supply that could come from tight oil and conventional projects by 2025, 9 MMbbl/d is commercial at $60 oil, according to an energy consulting firm.

July 14, 2016
Sanchez Energy, war chest, Eagle Ford, shale, midstream, sale, firepower, acquisition, dropdown, Tony Sanchez, Carnero, gathering, processing, Sanchez Production Partners, Targa Resources, JV, pipelines, cryogenic plant, Johnson Rice Co, Richards Layton F

Sanchez Adds To War Chest With Eagle Ford Midstream Sale

Sanchez Energy’s recent midstream divestiture provides the Houston company additional firepower to expand its territory in the Eagle Ford.

July 14, 2016
Diamondback Energy, top dollar, deal, acquisition, Delaware Basin, Texas, Reeves, Ward, Midland, entry, Permian, oil, gas, shale, Wolfcamp, Bone Spring, Travis Stice, CEO, Chris Stevens, KeyBanc Capital Markets, core, FANG, Mike Kelly, Seaport Global Secu

Diamondback Pays Top Dollar In Delaware Deal

Diamondback will pay for its core-of-the-core Delaware transaction with an equity offering and cash on hand.

July 13, 2016