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Exxon, Chevron Tapping Permian for Output Growth in 24

Exxon Mobil and Chevron plan to tap West Texas and New Mexico for oil and gas production growth in 2024, the U.S. majors reported in their latest earnings.

United statesMike wirthKathryn mikellsExxon mobilExxon mobil corpChevron corpBoth exxon mobilPermian basinPioneer naturalPioneer natural resourcesPioneer acreage mapDj basinHale playsCrude oil

Analyst: Chevron Duvernay Shale Assets May Sell in $900MM Range

E&Ps are turning north toward Canadian shale plays as Lower 48 M&A opportunities shrink, and Chevron aims to monetize its footprint in Alberta’s Duvernay play.

United kingdomBrian lidskyWood mackenzieAndrew dittmarKaybob duvernayKuwait foreign petroleum exploration coHart energy executive oil conferenceChevron corpHammerhead energyEnergy canadaEnergy advisors groupAthabasca oil sandsEnverus intelligence research senior viceCrescent point energyParamount resourcesUs upstream research ryan duman

Oil & Gas 360Ring Energy announces production results and continued debt reduction for fourth quarter 2023 and partial guidance for the first quarter 2024

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

United statesNew mexicoUnited kingdomCharlie lakeBritish columbiaEagle fordKathryn mikellsCaralyn bennettNgls mbblDeltastream clearwaterHerb vogelSean woolvertonNgls mbblsSimon kukesJ douglas schickNgls mmbbl

Prairie Operating Acquires More D-J Basin Assets for $94 5MM

Houston-based Prairie Operating Co. is scaling its D-J Basin footprint with a $94.5 million acquisition of Nickel Road Operating LLC.

Weld countyUnited statesEd kovalikGary hannaExok incPrairie operating coChevron corpOccidental petroleumMiners incPrairie operatingNickel road operatingPrairie operating chairmanCivitas resourcesPresident garyDj basinDelaware basinep rosehill

Prairie Operating Co acquires DJ basin exploration, production assets for $94 5 million

The transaction adds over 5,500 net leasehold acres and 62 fully permitted proven undeveloped ("PUD") drilling locations.

United statesWeld countyEd kovalikPrairie operating coGillespie associates incPrairie operatingNickel road operatingChief executive officerDj basinRairie operating co

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