Delaware Basin

A concurrent deal to sell off some of the acquired assets to Northern Oil and Gas will effectively lower the acquisition cost to $1 billion.

This paper describes efforts at the Hydraulic Fracturing Test Site 2 to collect a research data set to improve understating of spatial and temporal hydraulic fracture dimensions, proppant distribution, and reservoir depletion.

The $540 million joint acquisition is expected to close in June.

The independent sells out of south Texas shale, while expanding its Permian presence in separate deals.

The authors of this paper define a work flow that constrains solutions that match models and field observations and obtains a more-representative model for forecasting and optimizing fracture behavior.

The authors of this paper aim to identify the effect of various geologic controls on hydrocarbon maturation in the Delaware Basin by restoring regional cross sections and performing simulations of organic-matter maturity.

The recent Permian Basin earthquakes in Texas are keeping producers, regulators, and service providers busy in their quest to reduce the intensity and frequency of the induced seismic events.

The biggest sand haul ever reported by service provider Enercorp is a reminder that proppant flowback is a mounting challenge for shale producers.

The acquisition of Advance Energy Partners shows that private equity groups are successfully maintaining premium valuations for core assets.

When Occidental Resources switched to bigger fracture designs to produce more oil, it produced more water as well. Based on research done since, they cannot have one without the other, and at the oil prices recently seen, that’s OK.