Exploring XTO Energy’s 2024 Drilling Activity with H&P in the Permian Basin

Author: phinds Category: Oil & Gas News

The Permian Basin remains a cornerstone of energy production in North America, with companies like XTO Energy continuing to make significant strides in advancing drilling operations. A recent summary of XTO’s collaboration with H&P (Helmerich & Payne) reveals their robust drilling activity in the region throughout 2024 with 32 different drilling rigs and 576 wells drilled in 2024. This post dives into key insights from the data.

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Crescent Energy Strengthens Its Foothold in the Eagle Ford Basin with $905 Million Acquisition

Author: phinds Category: Oil & Gas News

In a move that highlights the accelerating consolidation in the U.S. energy sector, Crescent Energy has announced its acquisition of Ridgemar Energy’s assets in the Eagle Ford basin for $905 million in a cash-and-stock deal. This bold step not only enhances Crescent’s operational capacity in one of Texas’s most prolific oil regions but also underscores broader industry trends.

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APA Corporation Cactus Drilling 2024 Overview

Author: phinds Category: Drilling

With a total of 105 wells drilled—most concentrated in Midland County—APA demonstrates its commitment to optimizing resource development in premier oil and gas regions. The data offers actionable insights for understanding drilling efficiencies, resource allocation, and partnership opportunities, making it a valuable tool for strategic decision-making in the energy sector.

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