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....

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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....

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Posted on September 26, 2024
Anadarko Basin, Arkoma Basin, Crude Oil, Eagle Ford, Mergers & Acquisitions, Mid-Continent, Natural Gas

Okla-City-based Chesapeake Energy has announced a company name change following this year’s $7.4 billion merger with Southwestern Energy that’s expected to close next week. The combo creates the nation’s largest natural gas producer upsetting EQT’s number one position it’s held since 2017....

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