The Austin Chalk well now drilling, if successful, promises a quick payback and may result in the development of the leases from sales proceeds of the previous wells. The Delaware Basin test wells ...

In contrast, EOG wells in all of the Permian basin will be included in the Permian part of the analysis. The comparison of production decline curves yields the following insights: Austin Chalk ...

While SM Energy has a truncated name and no longer focuses on Louisiana, the E&P is pioneering expansions of the Midland Basin, leading Austin Chalk growth in South Texas and growing rapidly in ...

The acquisition follows ConocoPhillips' February purchase of about 245,000 acres, mostly in the Austin Chalk basin in central Louisiana. The company said it plans to drill several exploration ...

The Houston-based company plans to drill for oil and gas in the Austin Chalk field of Brazos County. Apache (NYSE: APA) is one of the most active drillers in the Permian Basin but its activity in ...

In July, APA closed the sale of Midland Basin, Austin Chalk and Eagle Ford Shale assets and interests for about $700 million. APA said the deal included 24,000 net royalty acres across several ...

The Austin Chalk. The Barnett Shale ... Since it was first tapped in 1923, the shale basin has seen extraction of about 30 billion barrels. That pales in comparison to what still lies beneath.

In the Midland Basin, Apache agreed to sell close to 24,000 ... Additionally, the company sold 237,000 net acres in the East Texas Austin Chalk and Eagle Ford plays, with net production of about ...

The Cotton Valley project in the East Texas Basin covered 2,000 contiguous acres ... King partnered with Dominance Energy on an Austin Chalk project in Fayette County, drilling a 7,500-foot ...

High Basin was co-founded by CEO LaMont Herman and launched in mid-2023, raising $4 million in an oversubscribed seed round. Since then, it has bought a pair of Austin-based alcoholic beverage makers.

APA Corp. has signed two agreements divesting non-core producing oil and gas properties in the Eagle Ford shale, East Texas Austin Chalk and Midland basin to undisclosed entities for aggregate ...