7 Resource Plays. Year in Review

Energy Advisors Group has released our Year in Review for Seven Core U.S. Resource Plays as a continuation of our thought leadership efforts. This 71-page Special Report covers:

Appalachian Basin, Haynesville, Delaware Basin, Midland Basin, Bakken, Eagle Ford & SCOOP STACK

Contents:

----- Insights, Takeaways and Trends

----- Operator Landscape, Key Drivers

----- Map of Top Operators Wells

----- Top 35 Operators Table (Play Vols & U.S. Vols)

----- Map of Top Operators Rigs & Permits

----- Map of Top Wells Online in 2025

----- 2025 M&A Deals and History

And a perspective on Iran War and the U.S. shales role on a global scale.

Here are our quick takeaways from our report.

Quick Key Takeaways---

----- Appalachia: Growing again and expected to add 5-8 Bcfpd by 2030 from current 35 Bcfpd.

----- Haynesville: Premier supply for LNG which needs another 3.6 Bcfpd annually for next five years. Expand says its has 1,090 locations that breakeven at <$2.75.

----- Delaware Basin: Top U.S. oil play with 3.4 MMBopd. Also #2 gas area with 16.6 Bcfpd. More running room than

Midland. Permian gas constraints is a near-term challenge; however ~15 Bcf/d of additional takeaway

capacity by 2030 should materially ease bottlenecks and support continued development. EOG says 2026 program has >100% ROR at $55 oil.

----- Midland Basin: Exxon & Diamondback control ~50% of volumes. Oil has held steady since Y/E 2023 at ~2.5

MMBopd while gas vols have grown ~20% as wells mature and GOR increases.

----- Bakken: A mature Basin. Chord is the top operator and is relying on 3-4 mile laterals to maintain volumes in a low

oil price environment.

----- Eagle Ford: Increasingly a gas-growth story. In last five years, gas vols have grown 40% to 9.5 Bcfpd while oil has

held steady at ~1.1 MMBopd. EOG’s Dorado play on track to grow from 750 MMcfpd to 1.0 Bcfpd in 2026.

-----SCOOP/STACK: Now ~20% oil. Gas plateaued ~4.5 Bcfpd while oil down ~9% to ~200,000 Bopd over last 2 years.

Attractive PDP M&A. Stone Ridge paid $4.3B over last 6 months for Ovintiv & COP exits.

Here is the Outline ---

Here's a Quick Look at Trends ---

Key Takeaways Per Play and YoY Comparative Stats ---

Here's Appalachia's Highlights in Marcellus and Utica ---

Haynesville's Trends and Metrics ---

Delaware Basin's Top 15 Operators ---

Midland Basin's Top Wells Online in 2025 ---

Bakken's Top 35 Operator Metrics ---

Eagle Ford Key Industry Slides ---

SCOOP STACK Deal History ---

Energy Advisors Group is working hard to expand our thought leadership leveraging our decades of industry expertise. We look forward to providing additional market insight for our clients through Market Monitor, Regional Perspectives, Deal Alerts and Quarterly M&A Outlook.

Our firm has been serving the needs of buyers, sellers and capital providers for over thirty-five years. We stand ready to assist asset owners in a competitive divestment process and to help buyers find off-market strategic assets for their portfolio. Call Rich Martin at 214-744-2495 or email rmartin@energyadvisors.com for a private consultation.

TO LEARN MORE:

Blake Dornak

Vice President

Phone: 713-600-0169

– Email: bdornak@energyadvisors.com

Brian Lidsky

Director-Research & Special Projects

Phone: 713-600-0138

– Email: blidsky@energyadvisors.com

IF YOU NEED ASSISTANCE downloading the full report or creating a login into our platform, contact:

Stephanie Epps

– Email: stephanie@energyadvisors.com

This article is for informational purposes only and not intended as financial advice. Please conduct your own research before investing.