Summary In this article, I start by explaining why I believe that we should expect a prolonged period of elevated energy prices, supported by rapidly declining supply growth in the US. I present three oil […]
EOG Resources Inc., a multi-basin exploration and production firm, said its strong fourth quarter and full-year 2022 results were powered by robust natural gas and oil demand, price spikes and steady production activity. For the […]
Marathon Oil has entered into a purchase agreement to acquire the Eagle Ford assets of Ensign Natural Resources for total cash consideration of $3 billion. The transaction is subject to customary terms and conditions, including closing […]
SilverBow Resources Inc. agreed to an Eagle Ford Shale bolt-on acquisition in the Karnes trough for $87 million on Oct. 3 marking SilverBow’s first transaction since adopting a poison pill last month. “This transaction fits our disciplined […]
Permian oil production growth is set to outpace OPEC heavyweight Iraq this year and next as demand for oil surges on historically tight supply, Rystad Energy research shows. Total oil output from the Permian, including both […]
After the number of drilled but uncompleted wells demonstrated a dramatic drop across multiple US basins in the past year, heightened drilling activity and stable commodity prices are starting to reveal a recovery of young […]
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