Darren
Barbee
Oil and Gas Investor
Marketed: Stone Hill Minerals Holdings Mineral & Royalty Package in Pennsylvania
Stone Hill Minerals Holdings LLC has retained EnergyNet for the sale of a mineral and royalty 99 well package in Susquehanna and Greene counties, Pennsylvania.
Riley Permian Increases Stake in West Texas Power JV with Conduit
Riley Exploration Permian increased its ownership in RPC Power, a JV with Conduit Power, to 50% from 35% and has agreed to sell up to 10 MMcf/d of natural gas as feedstock supply for the generation facilities as RPC plans to sell to ERCOT.
Kimmeridge Exits SilverBow Proxy Fight, Takes Credit for $2.1B Crescent Deal
Kimmeridge will withdraw from a proxy fight with SilverBow Resources in light of a $2.1 billion offer by Crescent Energy for the Eagle Ford Shale E&P.
Wintershall Adopts Halliburton Landmark’s UEM Subsurface Tool
Wintershall Dea is looking to implement the Unified Ensemble Modeling solution in its drilling campaign at the Maria Field in the Norwegian Sea in 2025, allowing real-time static and dynamic data.
Kinder Morgan Buys Texas Oilfield in Carbon-tax Play, Sources Say
Kinder Morgan's purchase of Avad Energy Partners' assets in West Texas shows how the U.S. Inflation Reduction Act's $60 per metric ton tax credit for carbon sequestration is spurring oil and gas deals.
Marketed: Legacy Income Five Well Package in New Mexico, Texas Counties
Legacy Income Fund I has retained EnergyNet for the sale of a five well package in Lea County, New Mexico and Loving County, Texas.
Marketed: Mineral, Royalty Interests in Permian, Powder River Basins
A private seller has retained Detring Energy Advisors for the sale of its mineral and royalty interests in the Permian and Powder River basins.
Chevron-Hess Deal: To Vote or Not to Vote, That is the Question
A Hess Corp. proxy vote related to the company’s proposed $53 billion all-stock merger with Chevron Corp. has divided shareholders ahead of a May 28 deadline.
Quantum’s Wil VanLoh on Turning ESG into E$G
Wil VanLoh, founder and CEO of Quantum Energy Partners said private companies need to change their mindset on ESG because they’re building a product to sell to public companies — and may be missing out on cost savings.
Top US Natural Gas Producer Chesapeake Energy Cuts Jobs
This week's layoffs follow its divestment of its Eagle Ford assets, not the company's pending merger with Southwestern Energy, Chesapeake said.