All posts tagged "Permian Basin"

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  772

  Exploration

  Concho Resources to sell strip of New Mexico assets for $925 million

  (Reuters) – U.S. oil and gas producer Concho Resources Inc said on Tuesday it would sell a portion of its New Mexico...

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  470

  Exploration

  Private US E&P operators finding innovative ways to lower costs: execs

  Starr Spencer – SPGlobal – Houston – Private US exploration and production companies are typically smaller in resources and staff than their larger...

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  787

  Acquisitions

  This Shale Fracker’s Decision to Sell Says It All

  By Liam Denning – (Bloomberg Opinion) — A big deal in the Permian basin should be cause for fanfare in oil and gas...

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  1.1K

  Exploration

  Are there really 4,000 DUC’s in the Permian? There might be less than you think.

  By James Jang – Energent – For the many analysts and investors who monitor the energy sector, drilled-but-uncompleted well (DUC’s) counts are an important...

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  2.7K

  Exploration

  Hanging H Ranch In Texas to Fetch Almost Half a Billion

  By David Wethe – (Bloomberg) — An obscure Texas company has bid $450 million to acquire the Hanging H Ranch in one...

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  706

  Exploration

  Permian giant Pioneer Natural Resources cuts 160 jobs at Irving HQ and 70 in West Texas

  Dom DiFurio, Dallas Morning News – Pioneer Natural Resources laid off 230 employees Tuesday as the Irving-based driller works to cut $100...

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  973

  Exploration

  The number of DUC’s is going higher

  The number of drilled but uncompleted wells in the United States continues to climb Source: U.S. Energy Information Administration, Drilling Productivity Report The number...

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  429

  Production

  Pioneer Natural profit beats, takes ‘Permian pure play’ tag with asset sale

  (Reuters) – Pioneer Natural Resources Co beat Wall Street estimates for quarterly profit on Monday, and said it sold its Eagle Ford...

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  679

  Oil & Gas News

  Oxy makes public bid for Anadarko over Chevron

  By: Jordan Blum – Houston Chronicle – Houston’s Occidental Petroleum is upping its offer to buy Anadarko Petroleum, creating a public bidding...

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  475

  Exploration

  After 70% Crash in Stocks, Some Frack-Sand Miners Are Desperate

  (Bloomberg) — For the last six years, Kevin Bowen has made good money selling sand to shale frackers who use it for...