Emerging U.S. shale player Halcon Resources said it spent more than $700 million to shift its priorities in its Texas operations. The company said it spent $705 million to acquire acreage in the Delaware shale basin, in Texas, from a private operator while unloading acreage in the Eagle Ford shale for $500 million. “These transactions represent a strategic pivot for us into the Delaware basin,” President and CEO Floyd Wilson said in a statement . A recent survey of shifting dynamics in the Lower 48 from consultant group Wood Mackenzie finds the Delaware basin may be one to watch. “In our view, the Delaware Basin looks to be setting itself up nicely for overall productivity gains at the end of 2017 and into 2018,” the consultant […]