Permian Basin
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Long the subject of rumored deals, Endeavor Energy is being snapped up at last in a deal valued at $26 billion.
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The main objective of this paper is to investigate the relationship between strain change and pressure change under various fractured reservoir conditions to better estimate conductive fractures and pressure profiles.
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Chevron has some new ideas on how to get more oil for less cost out of shale wells in their early years.
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Fracturing companies can’t connect to the electric grid fast enough as they seek to reduce emissions, save costs.
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In its 2024 outlook, Enverus expects 3-mile-long lateral sections to become a new normal in the Permian and suggests the budding geothermal and lithium arenas may be the real deal.
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Startup company LongPath Technologies has received conditional federal financing to install 1,000 methane detection towers spanning multiple US states.
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Houston-based independents will combine to form a company with a production total above 500,000 BOE/D and valued at $21 billion.
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A recent wave of megadeals is weighing on the mind of many oil and gas executives in Texas, New Mexico, and Louisiana.
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Houston-based Occidental said that one reason it is buying private producer CrownRock is to gain more access to the deep, relatively untapped Barnett formation.
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The deal is subject to Mexico Pacific taking a final investment decision on the proposed third train at the Saguaro Energia LNG Project on Mexico’s Pacific Coast.