The Diamondback rattlesnake is one of several species of vipers found in West Texas and N.M. But among them, there’s only one in the Permian Basin that’s neither reptilian nor bites with venomous purpose. ...
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Prepare for the worst, hope for the best. Sage advice in uncertain times meant to encourage building safeguards as protection against the unknown. The oil and gas industry knows this all too well. Uncertain and Unknown are forever the shadow twins just waiting to disrupt best laid plans even in the best of times. ...
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Call it a rebound or resurgence in the Midcontinent, higher gas prices have proved a siren’s song for operators. Add to that the growing demand for more gas supplies to feed LNG terminals and power data centers, and that’s seductive music for producers. ...
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No need to get ready to rumble but San Antonio-based Ironwood Midstream Energy Partners wants you to know it’s back in the ring, baby. This time launching its third iteration with another match in the Eagle Ford following the January sale of its natural gas gathering system to Houston-based Plains All American. ...
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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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Midstream steals the show again this week with news of a triple-whammy in the pipeline acquisitions department, and the secret negotiations playing out on a massive pipeline LNG project that’s been considered all but frozen to death. ...
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