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SPARK Conference 2020 Highlights Each year, Enverus employees and industry experts convene with customers at the Business Automation User Conference. Cost control is a vital part of oil and gas profitability, so we look forward to this annual event because it...read more
ConocoPhillips acquires Concho Resources for $13.3 billion in the largest pure shale deal since 2011
ConocoPhillips is acquiring Permian heavyweight Concho Resources in an all-stock deal for $49.30 per share (total equity value of $9.7 billion) and a total enterprise value of $13.3 billion. The acquisition adds 550,000 net acres in the Permian (350,000 Delaware acres...read more
The Austin Chalk Formation continues to produce some of the most prolific horizontal wells across the Lower 48. In Karnes County, the core of the Eagle Ford play in South Texas, Austin Chalk oil recoveries since 2018 averaged 60% higher than those of the Lower Eagle...read more