Tamboran Beetaloo Flow Test Shows Properties Similar to Marcellus
Tamboran Resources’ sidetrack in the Beetaloo Basin IP’ed an average of 7.2 MMcf/d over 30 days from a roughly 1-mile lateral, an IP rate similar to the average IP-30 of Marcellus dry-gas wells.
Money Talks: Juniper Capital Carves Own Momentum Amid Volatility
Private equity firms with longtime loyalty to the oil and gas industry are raising funds that are steadily adding to their coffers, accumulating billions of dollars’ worth of dry powder.
INEOS Looking Across Lower 48 for More Shale PDP
U.K.-headquartered international hydrocarbons conglomerate INEOS is seeking the mature U.S. shale assets that don’t have the upside growth potential publicly held U.S. operators need.
BPX’s Holzhauser Dives into Upside of Devon JV Dissolution
BPX’s Holzhauser says BP’s U.S. shale arm got the longer end of the stick—better subsurface in a less complicated area—in its deal with Devon to dissolve their Eagle Ford JV.
On the Market This Week (June 2, 2025)
Here is a roundup of oil and gas leaseholds on the market during the week of June 2 in the Austin Chalk formation, Permian Basin, Bakken Shale and offshore Louisiana.
VanLoh: Continued US Oil Growth at $63 is a ‘Dangerous Assumption’
The Bakken and Eagle Ford have three or four years of new-drill well inventory left at $63/bbl WTI while the Permian has between seven and 10 years, Quantum Capital Group’s Wil VanLoh said at Hart Energy’s Energy Capital Conference.
Wave of Foreign Investment in US Gas Could Top $10B
A wave of U.S. gas deals is coming, and international giants from Asia to the Middle East are circling, says Greenhill’s Jeet Benipal at Hart Energy’s Energy Capital Conference.
After 25 Years, E&Ps Sustain Bakken Oil’s Long Plateau
The first stimulated horizontal middle Bakken well came online 25 years ago, proving horizontal drilling and fracking could unlock vast oil reserves. What began as a modest experiment in a remote Montana field reshaped the future of U.S. oil production.
Viper Energy to Acquire Sitio Royalties in $4.1B Deal
Viper will expand in the Permian Basin and into new plays with a $4.1 billion stock acquisition of Sitio Royalties.
Formentera Drilling Two More Pearsall Wildcats After Initial Success
In their first 2.5 months online, Formentera Partners’ initial two tests are averaging more than 1,000 boe/d, according to Texas Railroad Commission data.