Wesley Adams’ Post

Energy Advisors Group has released a Special Supplement ReFrac Report focused on horizontal wells in the Haynesville/Bossier formations as an addition to our Original Hayesville Report issued April 12, 2024. This Report evaluates the performance of every Haynesville/Bossier ReFrac/Recompletion (199 wells or just 3% of Haynesville/Bossier horizontal wells drilled). It concludes that ReFracs are coming in at 90% of original completion rates and 75% are estimated to have payback in <12 months. Download The Haynesville Supplement Report Here: https://lnkd.in/gyVhWFS5 If you missed our Haynesville/Bossier basin study, you can find it here: https://lnkd.in/guK5cBPs Please reach out to Brian J. Lidsky ([email protected]) or Blake Dornak ([email protected]) to learn more about this report or any of EAG's other market monitor research studies. We are working hard to expand our thought leadership and look forward to providing additional market insight for our clients through regional perspectives, M&A analysis and market monitor. Current Assignments: https://lnkd.in/epPqcEZ Qualifications & Capabilities: https://lnkd.in/gUKH7wuV Research/Perspectives: https://lnkd.in/g6mjMQ8p #haynesville #bossier #easttexas #louisiana #oilandgas #study #research #capitalmarkets #mergersandacquisitions

Off the Beaten Path Following up on our post from Tuesday, Reese Energy Consulting today is following news from producers who are finding oil and gas magic on the fringes of core-basin plays. In an article earlier this month, Hart Energy featured Denver-based Bayswater Exploration and Production, which aside from its assets in the DJ and Powder River, also operates 48,000 acres in the Permian’s Northern Midland. Here, targeting the Wolfcamp and Spraberry, Bayswater is striking paydirt the farther east it explores. Call it extending the extensions. With a strategy to develop tier-2 acreage positions that could ultimately deliver tier-1 performance, the company first went to work in Howard County, Texas, near Mitchell County, where high levels of carbonates comprised of limestone and dolomite have tended to discourage drilling. Not so for Bayswater, which discovered a rich hydrocarbon environment in the carbonate/shale reservoir, completing its first well in 2021 with initial production of nearly 1.3 MBPD and cumulative production of 430+ Mbbls. Now three years later, Bayswater has moved farther east into Mitchell County, reporting even higher production and drilling six more 2.5-mile laterals with completions slated this summer. Speaking of step outs, gas producers Comstock Resources and Aethon Energy continue their “victory is mine” exploration and development of the Western Haynesville—an extension now aptly christened Waynesville. Aethon, whose newest well in Robertson County, Texas, produced nearly 3.3 BCF in the first four months of production last fall, can’t get enough of Wayne’s world and is now on the hunt for more. What do you think? Learn more about REC and our crude oil and natural gas consulting services in the Permian and Haynesville at https://lnkd.in/ebXT2mS. #energy #drilling #oilandgas #reeseenergyconsulting

Kansas isn't just about beautiful plains and agriculture. 🌻 It has a rich and lesser-known history in the oil and gas industry that has significantly shaped the state. Ranked as the 11th leading oil producer in the U.S., Kansas thrives on local, independent producers and marginal wells. 🏭 Warren Martin, Executive Director of Kansas Strong, sheds light on how this industry has driven economic growth and played a crucial role in global events like WWI. From the early oil booms to today's advanced drilling techniques, Kansas continues to be a key player in meeting energy demands. 💡 Get the story on how Kansas' oil and gas industry has transformed the state and what the future holds! 👉 Read the article here: https://lnkd.in/gNwMxQKZ #KansasOil #EnergyHistory #KansasStrong #OilAndGas #IndependentProducers #MarginalWells #EconomicGrowth #EnergyInnovation #WarrenMartin #KansasEconomy #OilIndustry #EnergyEducation #CommunityDevelopment #SustainableEnergy #EnergyFuture

'Let’s Rock This Pipe!’ Following our post yesterday, Reese Energy Consulting is talking natural gas pipelines again for those whose heart’s race each time a new project is announced or pronounced “Go!” We share the same affliction. Now sealed with a FERC kiss, the 304-mile Mountain Valley Pipeline is officially blessed-stamped-authorized to begin service where it will deliver 2 BCFD of low-cost Appalachian gas to Mid- and South Atlantic markets. Ten years in the making at an estimated cost of $7.85 billion, final preparations to fire up operations on MVP are now in high gear to welcome aboard Marcellus and Utica gas from the nation’s largest natural gas basin. Producers were rumored to holler, “Let’s rock this pipe!” Back in the Permian, pipeline constraints and natural gas takeaway have producers sweating it out for a go-live date on the 580-mile, 2.5 BCFD capacity Matterhorn Express. Certain to fill up lickety-split, Matterhorn offers some much-needed relief to move record volumes of residual gas out of the basin. At least until the end of next year. While three other natgas pipeline projects are on midstreamers’ Permian to-do list, including Targa Resources’ Apex, Energy Transfer’s Warrior, and Kinder Morgan, Inc.’s expansion of its Natural Gas Pipeline of America system, a new cowboy in Perm Town has big plans for the next big gas pipe behind Matterhorn. Houston-based Moss Lake Partners (MLP) is hot on its NGL heels to build the 690-mile DeLa Express, which would move 2 BCFD of rich gas from West Texas to Gulf Coast fractionators and export terminals. The project would include access to MLP’s Hackberry, La., NGL export project. What do you think? Learn more about REC and our natural gas and midstream consulting services at https://lnkd.in/ebXT2mS. #energy #naturalgas #pipelines #reeseenergyconsulting

‘Let’s Rock This Pipe!’ Following our post yesterday, Reese Energy Consulting is talking natural gas pipelines again for those whose heart’s race each time a new project is announced or pronounced “Go!” We share the same affliction. Now sealed with a FERC kiss, the 304-mile Mountain Valley Pipeline is officially blessed-stamped-authorized to begin service where it will deliver 2 BCFD of low-cost Appalachian gas to Mid- and South Atlantic markets. Ten years in the making at an estimated cost of $7.85 billion, final preparations to fire up operations on MVP are now in high gear to welcome aboard Marcellus and Utica gas from the nation’s largest natural gas basin. Producers were rumored to holler, “Let’s rock this pipe!” Back in the Permian, pipeline constraints and natural gas takeaway have producers sweating it out for a go-live date on the 580-mile, 2.5 BCFD capacity Matterhorn Express. Certain to fill up lickety-split, Matterhorn offers some much-needed relief to move record volumes of residual gas out of the basin. At least until the end of next year. While three other natgas pipeline projects are on midstreamers’ Permian to-do list, including Targa Resources’ Apex, Energy Transfer’s Warrior, and Kinder Morgan, Inc.’s expansion of its Natural Gas Pipeline of America system, a new cowboy in Perm Town has big plans for the next big gas pipe behind Matterhorn. Houston-based Moss Lake Partners (MLP) is hot on its NGL heels to build the 690-mile DeLa Express, which would move 2 BCFD of rich gas from West Texas to Gulf Coast fractionators and export terminals. The project would include access to MLP’s Hackberry, La., NGL export project. What do you think? Learn more about REC and our natural gas and midstream consulting services at https://lnkd.in/ewhkGFa.      

📢 Webinar Alert! 📊 Why did Devon Energy bet $5 billion on the Bakken instead of the Permian? Join our webinar to uncover the strategy behind this industry-shaking move. Our head of research, Brandon M., will use cutting-edge machine learning analytics to examine Devon's acquisition of Grayson Mill Energy's assets. We'll explore rock quality comparisons, portfolio impacts, and operational synergies to decode this pivotal decision. Whether you're an investor, analyst, or industry enthusiast, don't miss this data-driven dive into one of the year's most intriguing oil and gas developments. Register using the link in the comments. #oott #oilgas #acquisition #acquisitionanalysis #bakken #permian

Driven by significant gains in well productivity, advancements in drilling and completion technologies, and the development of critical pipeline infrastructure, the Permian region is expected to play a pivotal role in boosting national output. This report delves into the factors underpinning this growth, offering insights into how the Permian is poised to sustain and even accelerate its contribution to U.S. energy production through 2025. https://lnkd.in/gzVB_7_p

𝐊𝐞𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐒𝐡𝐚𝐥𝐞 𝐆𝐚𝐬 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 IndustryARC™ updated the market research study on “𝐒𝐡𝐚𝐥𝐞 𝐆𝐚𝐬 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭” Forecast (2024-2030) 🔗 𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 @https://lnkd.in/gF75a2u7 🌍 The Shale Gas Equipment Market is witnessing significant growth, driven by the rising demand for natural gas and the increasing adoption of hydraulic fracturing technologies. 🔑𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐒𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: Innovative equipment such as directional drilling systems, hydraulic fracturing pumps, and specialized compressors are enhancing operational efficiency in shale gas extraction. 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐄𝐧𝐞𝐫𝐠𝐲 𝐃𝐞𝐦𝐚𝐧𝐝: The growing need for cleaner energy sources and a shift toward natural gas as a primary fuel are fueling market expansion. 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐒𝐮𝐩𝐩𝐨𝐫𝐭: Favorable policies and investments in the energy sector, especially in North America, are boosting shale gas production capabilities. 𝐑𝐢𝐬𝐢𝐧𝐠 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐂𝐨𝐧𝐜𝐞𝐫𝐧𝐬: The shift towards sustainable practices is driving innovation in environmentally friendly shale gas extraction technologies. 𝐆𝐞𝐭 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨@ https://lnkd.in/gDSwxQBc 📊 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 & 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: The global shale gas equipment market is expected to reach USD [insert forecasted value] by [insert year], growing at a compound annual growth rate (CAGR) of [insert percentage]. 💡 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: Expansion in developing regions where shale gas potential is untapped. Investment in the development of eco-friendly equipment to meet regulatory demands and mitigate environmental impact. 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Cameron, a Schlumberger company|Halliburton|Baker Hughes|NOV|TechnipFMC|EQT Corporation|ExxonMobil|Oxy|Chevron|Marathon Petroleum Corporation|Phillips 66|Energy Transfer|Nabors Industries|Enbridge|Southwest Gas Corporation|TechnipFMC #ShaleGas #EnergySector #HydraulicFracturing #NaturalGas #ShaleGasEquipment #MarketGrowth #CleanEnergy #SustainableTech #EnergyInnovation #MarketTrends

Previously, we explored the strategic advantages of vertically integrated midstream companies involved in the NGL value chain. Enkon's current outlook on NGL pipeline take-away capacity surplus in the Permian Basin exemplifies this concept. This raises critical questions: • What are the key implications of excess pipeline capacity in the Permian? • Who emerges as winners and losers in this highly competitive landscape? Key Implications: • Vertically Integrated Advantage: Companies with a substantial G&P footprint (e.g., Enterprise Products, Phillips 66, Energy Transfer, Targa Resources) are well-positioned to secure pipeline volumes. • Re-contracting Risk: Existing firm transport contracts scheduled for renewal within the next 2-4 years face significant re-contracting risk. • G&P Footprint as Differentiator: Adequate volume coverage from a ring-fenced G&P business will be a key differentiator for companies competing in this market. • Challenges for Non-Integrated Players: Non-vertically integrated players like EPIC Midstream NGL Pipeline, which rely on third-party G&P volumes, may face challenges securing new contracts, walk-up volumes and higher re-contracting risk. For a detailed analysis of NGLs in key basins and the evolving U.S. NGL market landscape, please contact us at [email protected]. We encourage you to subscribe for weekly updates delivered directly to your inbox. #NGLs #Naturalgas #Permian #Fractionation #Pipelines #midstream #oil #NGLpipelines #Ethane #NGLstorage #NGLexports #LNG #ONEOK #EnLink

‘Let’s Rock This Pipe!’ Following our post yesterday, Reese Energy Consulting is talking natural gas pipelines again for those whose heart’s race each time a new project is announced or pronounced “Go!” We share the same affliction. Now sealed with a FERC kiss, the 304-mile Mountain Valley Pipeline is officially blessed-stamped-authorized to begin service where it will deliver 2 BCFD of low-cost Appalachian gas to Mid- and South Atlantic markets. Ten years in the making at an estimated cost of $7.85 billion, final preparations to fire up operations on MVP are now in high gear to welcome aboard Marcellus and Utica gas from the nation’s largest natural gas basin. Producers were rumored to holler, “Let’s rock this pipe!” Back in the Permian, pipeline constraints and natural gas takeaway have producers sweating it out for a go-live date on the 580-mile, 2.5 BCFD capacity Matterhorn Express. Certain to fill up lickety-split, Matterhorn offers some much-needed relief to move record volumes of residual gas out of the basin. At least until the end of next year. While three other natgas pipeline projects are on midstreamers’ Permian to-do list, including Targa Resources’ Apex, Energy Transfer’s Warrior, and Kinder Morgan, Inc.’s expansion of its Natural Gas Pipeline of America system, a new cowboy in Perm Town has big plans for the next big gas pipe behind Matterhorn. Houston-based Moss Lake Partners (MLP) is hot on its NGL heels to build the 690-mile DeLa Express, which would move 2 BCFD of rich gas from West Texas to Gulf Coast fractionators and export terminals. The project would include access to MLP’s Hackberry, La., NGL export project. What do you think? Learn more about REC and our natural gas and midstream consulting services at https://lnkd.in/ewhkGFa.