Texas/La Gulf Coast
Acquisitions & Divestitures , Shale Plays , Crude Oil , Transactions
Multi-basin Mayhem: Conoco, Marathon Tout Eagle Ford, Bakken Runway
ConocoPhillips and Marathon Oil—which both trace their roots to the breakup of John D. Rockefeller’s Standard Oil Trust more than a century ago—are combining in a $22.5 billion deal.
Acquisitions & Divestitures , Shale Plays , Finance , Exploration & Production
The Shape of M&A to Come: Is Devon Up Next to Join the Spree?
ConocoPhillips' recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.
Acquisitions & Divestitures , Shale Plays , Liquefied Natural Gas (LNG) , Natural Gas , Finance
Tellurian Goes All in on LNG with Upstream Divestiture to Aethon
Tellurian, which is developing the 27.6 mtpa Driftwood project in Louisiana, relaunched itself as a LNG pure play with the sale of its Haynesville upstream assets to Aethon Energy, but analysts see lingering financial problems for the company.
Energy Transition , Renewables , CCS/CCUS , Wind
Global Energy Watch: How the Lone Star State is Leading the US’ Clean Energy Future
While Texas leads the U.S. in energy production, providing nearly one-fourth of the country’s domestically produced energy, is truly an all-of-the-above energy state as solar, wind and other renewable sources are rising within the energy matrix.
Liquefied Natural Gas (LNG) , Acquisitions & Divestitures , Crude Oil
Aethon to Acquire Tellurian Haynesville Shale Assets for $260MM
Aethon Energy is acquiring Tellurian Inc.'s Haynesville Shale assets in a $260 million deal, allowing Aethon to continue growing as the basin's top private producer and for financially struggling Tellurian to prioritize its flagship Driftwood LNG project.
Shale Plays , Field Development , Crude Oil , Natural Gas , Super DUG , Hart Energy Exclusive
Exclusive: Devon Energy Weighing More ‘Unmatched’ Delaware Inventory
Devon Energy’s John Raines delves into capital allocation trends in the Delaware Basin and why the region is attractive to Devon’s operations, in this Hart Energy Exclusive interview.
Restructurings , Acquisitions & Divestitures , Crude Oil
Earthstone’s Anderson Relaunches, Seeks Conventional
The new E&P PetroPeak Energy will also take a look at unconventional property in the Eagle Ford and Austin Chalk.
Natural Gas , Pipelines , Midstream , Field Development
Future Permian Gas Pipeline May Have a Difficult Route to Follow
Kinetik Midstream’s CEO Jamie Welch sees more expensive and longer pipeline paths causing complications for midstream companies.
Shale Plays , Exploration & Production , Acquisitions & Divestitures , Crude Oil
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.
Acquisitions & Divestitures , Restructurings , Exploration & Production
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.