Exploration & Production
Stratex Completes Matthews 1H in Zavala County
Print
|
Stratex Oil & Gas Holdings, Inc. has provided the following operational update.
Stratex is currently producing approximately 98 gross, 65 net barrels per day (b/d) of oil, both from its historical non-operated and operated properties in the Bakken Shale and Montana, respectively, and its operated south Texas lease.
Pursuant to the Company's previously announced Joint Development Agreement signed in December 2013 and amended in January 2014, in exchange for the Company's commitment to frac a certain well known as the Matthews 1H prior to March 31, 2014, the Company received an assignment of an undivided 50% working interest (WI) in an oil & gas lease covering approximately 2,629 acres in Zavala County, Texas. (the Zavala Lease)
The frac of the Matthews 1H was completed in March and the…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Gulf Coast - South Texas News
An Eagle Ford Team That Cashed Out Is Back for Another Cycle
Houston — January 15, 2026 — Lime Rock Partners, a Houston-based private investment firm specializing in upstream oil and gas, has completed an equity commitment to Athena Energy…
Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
Silver Hill Energy Partners has acquired 100 percent of 1776 Energy’s South Texas oil and gas assets, significantly expanding its operated footprint across the Eagle Ford and Austin…
Murphy’s Eagle Ford Keeps Getting Better
Murphy Oil walked into Q3 2025 with a simple message: operations are clicking again, and the company is delivering production and cost performance that gives them flexibility heading…
Baytex Sells Eagle Ford to Re-Weight the Portfolio to Canada
Baytex Energy has announced a major portfolio shift: the Company is divesting its entire U.S. Eagle Ford position for US$2.305 billion in cash to an undisclosed buyer. The…
Chesapeake Energy Q4, Full Year 2022 Results; IDs $1.8B 2023 Capex
Chesapeake Energy Corp. reported fourth quarter and full-year 2022 results and issued 2023 guidance. Fourth Quarter 2022 Highlights: Net cash provided by operating activities of $1,050 million Net…