Posted on July 15, 2025
Anadarko Basin, Company Spotlight, Natural Gas, Natural Gas Liquids - NGLs

Somewhere, Tom Ward has a divining rod and it’s not the kind that leads to water. Since the launch of Okla. City-based MACH Natural Resources in 2017, Ward has stuck to his intuition to find wealth in under-performing plays in the Mid-continent. Over time, it’s become his signature to snap up lagging or bankruptcy assets in the Anadarko, Southern Kans., and the Texas Panhandle and turn that business around. ...

by
0
Posted on June 30, 2025
Anadarko Basin, Bakken

It’s been a year since Reese Energy Consulting shared news from producers on the hunt for oil and gas magic on the fringes of basins. Step-outs from core areas, extending shale play extensions, bringing exploration back into the mix. So, maybe the Permian inches closer to its peak now, and the Anadarko and Bakken continue to decline. Maybe the Utica oil window is barely open. Maybe there’s a whole lot more to be discovered....

by
0
Posted on February 13, 2025
Anadarko Basin, Company Spotlight, Crude Oil, Eagle Ford, Mergers & Acquisitions, Mid-Continent

In what was described as a “surprise move” by Okla. City-based Devon Energy back in 2022, the company made a bolt-on acquisition that further expanded its Eagle Ford position with the purchase of Denver-based Validus Energy. The $1.8 billion deal included 42,000 net acres, 35 MBOED (70% oil), 350 repeatable drilling locations, and 150 refrac candidates. In an epic score, Validus pocketed double the price it paid for those assets just a year before. While it might’ve been a see-you-later-bye to South Texas, the company’s exit there hardly marked the end of Validus....

by
0