Velda
Addison
Hart Energy
Diamondback, Five Point JV Buys More Midland Water Infrastructure
Deep Blue, the joint venture between Diamondback Energy and Five Point Energy, has acquired pipeline and hundreds of thousands of barrels of water disposal capacity from Lagoon Operating Midland.
CorEnergy Infrastructure Aims for June Emergence from Bankruptcy
CorEnergy said the sale of its MoGas and Omega pipelines and repayment of its secured debt encouraged stakeholders to approve recapitalizing the company’s balance sheet.
ProPetro to Acquire Aqua Prop for $35.6MM
As part of the transaction, initially valued at $35.6 million, ProPetro will own and provide onsite sand storage and handling.
Schumer Asks DOJ to Investigate FTC Claim Oil Exec Colluded with OPEC
Earlier in May, the Federal Trade Commission gave the go-ahead to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred former Pioneer CEO Scott Sheffield from Exxon's board on allegations he attempted to collude with OPEC to raise oil prices.
Energy Partnerships: Don’t Settle for ‘First Person that Comes Along’
Energy executives share insights and tips—look for red flags, run the “intercontinental flight test”—when forming lasting collaborative partnerships.
Chord Closes $4B Enerplus Acquisition for Williston Basin Scale
The Enerplus transaction gives Chord Energy another decade of drilling runway in the Bakken Shale play—the nation’s second-largest oil field.
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.
Sheffield Responds to FTC: Ban from Exxon Board a ‘Dangerous Course’
Pioneer Natural Resources founding CEO Scott Sheffield urges the U.S. Federal Trade Commission to vacate its order; FTC responds with defiance.
From Comedy Central to Exxon Mobil-Pioneer Deal, a New FTC Emerges
The Exxon Mobil and Pioneer Natural Resources deal closed quickly and without divestment conditions, an antitrust attorney said — except for the sole condition that barred Pioneer’s founding CEO from Exxon’s board.
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.