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The Denver-Julesburg (DJ) Basin continues to stand out as one of the most consolidated and cost-effective oil and gas plays in the U.S. Recent developments including record-setting drilling lengths, regulatory headwinds, and shifting capital strategies are reshaping how major and mid-sized players approach the basin in 2025.
Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. It is also the basin that keeps giving with operators consistently adding locations by testing new zones of the prolific basins stacked pay, said Dittmar.
But as basins mature and geology becomes more challenging, the key question becomes: Can these gains be sustained, or has the industry already picked the low-hanging fruit? billion of structural cost savings since 2019. Below, we unpack how top U.S. Weve fundamentally transformed the cost base of our company by delivering $12.7
poised to expand LNG export capacity , interest in gassy basins has surged. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). The company began developing the Austin Chalk in 2019 and produced 90 MMcf /d from the formation in 2024. According to the U.S. Bcf/d by 2026.
Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. It is also the basin that keeps giving with operators consistently adding locations by testing new zones of the prolific basins stacked pay, said Dittmar.
poised to expand LNG export capacity , interest in gassy basins has surged. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). The company began developing the Austin Chalk in 2019 and produced 90 MMcf /d from the formation in 2024. According to the U.S. Bcf/d by 2026.
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