As they say, when one door closes another door opens. But in the case of Midland, Texas-based Diamondback Energy this week, that old expression with one negative translates to a big positive all the way around. ...
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Back in 2011, Ohio’s then-state geologist Larry Wickstrom had never been more optimistic about the future of his state. Marcellus operators had begun to try their luck with horizontal drilling in the Buckeye slice of the Utica Basin. ...
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If all goes according to plan, December could prove a Christmas to remember for Permian producers with a ticket to ride on the Matterhorn Pipeline sleigh....
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Following its analysis through the end of August, our friends at Rystad today reports U.S. oil and gas M&A this year could surpass the $155 billion chalked up in 2023. With $100 billion already on the books in 2024, and another $46 billion in assets currently up for sale, buyers and sellers still have one-third of a year to make their final selections and bring them to the checkout counter....
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About 10 miles south of Tulsa, the city of Glenpool holds a most unique oil and gas legacy. If you were around in 1905 (and if you were, we want to hear from you), you might remember the Glen Pool discovery, which started on a rural farm with a single well drilled 1,400’ deep and gushing an initial 75 BPD. Within a few months, the Glen Pool was declared the world’s largest oilfield, and practically overnight Tulsa, Okla., would be declared the Oil Capital of the World. ...
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Do you hear a vroom? If so, that would be compliments of Tulsa-based ONEOK and its well-oiled (pun intended) midstream machine that sounds a might throatier today....
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