Permian Basin

Peter Hays, a partner in mergers and acquisitions (M&A) at law firm King & Spalding, says that stabilization in the oil market has helped the industry M&A business to recover.

Top US seismic experts say they are keeping a watchful eye on ground shaking in the state as new concerns are raised in neighboring Texas.

As well-developed shale plays and tight formations mature and decline in production, nontraditional strategies for maximizing production and discovering new resources must be considered.

Crude oil production in the United States is expected to approach 10 million B/D in 2018 and surpass a previous high achieved in 1970, according to the latest US EIA forecast.

Avoiding debt problems and maintaining high-quality operations have kept Frank Lodzinski’s companies going through thick and thin.

Saudi Arabia, the Permian Basin, and global deepwater areas have vastly different futures predicted. Is it time for a deepwater renaissance?

In a recent acquisition, H2O Midstream will own and operate Encana’s produced-water gathering system in Howard County, Texas, and will expand it to also serve third parties.

The rising cost of fracturing offers a significant incentive for finding ways to avoid unproductive rock. One entrepreneur says he can use standard well logs to target the slice of rock likely produce most, and avoid the rest.

As oil prices recover from the low point of the downturn, operators in the Permian and the Bakken are tackling water management issues.

Aggressive drilling growth in the Permian and other shale plays belies the cost of those wells, which in many cases are in the red.