Permian Basin midstream water player Waterbridge Holdings LLC is adding more produced water infrastructure in West Texas by taking over assets of a subsidiary of Centennial Resource Development Inc.
Articles from Centennial
Denver-based Centennial Resource Development Inc. Chairman and CEO Mark Papa, an industry icon before he took over in 2016, is planning to give retirement another go, but he is not going quietly, and per usual offered his take on the markets on Wednesday.
Permian Basin pure-play Centennial Resource Development Corp., like other operators across the basin, is pinning its expectation for higher Waha natural gas prices on stronger summer demand in Texas and the start up of one pipeline that isn’t set to ramp until later this year.
Centennial Resource Development Inc., which has placed its flag in the Permian Basin’s Delaware formation, plans to pursue more bolt-on acquisitions this year and continue to explore additional horizons across existing acreage with a lower rig count and reduced spending.
Denver-based Centennial Resource Development Inc. continues to bolt on acreage in its Permian Basin bastion, as volumes rose and costs declined in the third quarter.
In his inimitable style, Centennial Resource Development Inc. CEO Mark Papa on Wednesday took federal and international energy experts to task and blasted the “groupthink” that bullish U.S. onshore oil supply is going to tank global crude oil prices.
Centennial Resource Development Inc. is planning to spend more this year for its Permian Basin operations in West Texas to prevent constraints in moving its natural gas to markets, CEO Mark Papa said Tuesday.
Denver-based independents Jagged Peak Energy Inc. and Centennial Resource Development Inc., each working the Permian Basin in West Texas, credited better completion techniques in helping them to increase oil and natural gas production from a year ago.
Centennial Resource Development Inc. on Monday agreed to ante up $350 million to GMT Exploration Co. to expand its Permian Basin holdings into New Mexico’s Delaware sub-basin.
Permian Basin pure-play Centennial Resource Development Inc., which under the tutelage of former EOG Resources Inc. chief Mark Papa snapped up a tantalizing set of properties in West Texas last year, expects total output to soar in 2017 by 191%, the Denver-based explorer said Thursday.