Riley Exploration Permian Inc. is adding Northwest Shelf assets from EnCap-backed Silverback Exploration II. Riley is also cutting capex and focusing on preserving inventory amid weak oil prices.

Investment firm I Squared and Enbridge will take stakes in the joint venture for the Matterhorn Express natural gas pipeline in the Permian Basin.

California Resources Corp.’s carbon management subsidiary Carbon TerraVault Holdings is targeting additional carbon capture and storage projects.

While floating LNG projects can’t match the production of land-based sites, the sector is still growing because of the convenience it offers operators, says a developer at Black & Veatch.

Post Oak Energy Capital was early to invest in M&R as a standalone asset class. Today, it manages 85,000 net royalty acres.