Energen sold its gas utility, concentrated on the Permian Basin, and improved its wells. Then came a harder question: who should own them?
Finding oil is only the beginning. Devon Energy’s next bet is that controlling the journey from rock to market can make each barrel worth more.
In the Delaware Basin, Permian Resources turns nearby acreage into a cost advantage. The harder trick is knowing when another barrel is worth producing.
From a seven-barrel well to a multibillion-dollar offshore project, Apache’s history turns on a stubborn question: when does a discovery deserve another dollar?