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Diversified Closes East Texas NatGas Bolt-on
Diversified Energy said the acquisition, from a regional operator, adds the equivalent of 70 Bcf of proved developed producing with a PV-10 of $89 million.
Oceaneering Acquires Global Design Innovation
Oceaneering purchased Global Design Innovation, the only provider certified by the United Kingdom Accreditation Service (UKAS) to perform remote visual inspection using point cloud data and photographic images.
US Offshore Wind Lease Sale Brings in Nearly $22MM in Winning Bids
Avangrid Renewables and Invenergy were the two provisional winners of four lease areas, according to the Bureau of Ocean Energy Management.
Report: Colonial Pipeline Considering $10B Sale
Colonial owns a 5,500-mile pipeline network which carries more than 100,000 gallons of fuel to an area stretching from Houston to New Jersey.
Exclusive: TPL Eyes Midland Growth to Replicate Delaware Basin Success
Texas Pacific Land CFO Chris Steddum discusses the company's approach to acquisitions in both the Delaware and Midland basins, and TPL's selective strategy when evaluating deals, in this Hart Energy Exclusive interview.
EQT Sells Remaining Pennsylvania Non-op Assets to Equinor for $1.25B
EQT’s Northeast Pennsylvania divestiture to Equinor is the second deal between the two companies this year following a large swap of Marcellus assets in April.
Matador Slashes Debt with $113MM Piñon Midstream Payout
Enterprise Products Partners closed its purchase of Piñon Midstream for $950 million on Oct. 28, earning Matador Resources $113 million for its roughly 19% ownership interest.
Asia, EU Buyers Warming Up to US Shale M&A Again—Jefferies
Foreign asset buyers are considering U.S. upstream M&A to lower their LNG supply costs and avoid windfall taxes on European operations, Jefferies Managing Director Bill Marko says.
Marketed: Territory Resources 15-well Package in Oklahoma
Territory Resources LLC has retained EnergyNet for the sale of 15-well package in Kay, Noble and Pawnee counties, Oklahoma.
Utica Oil Riches’ Biggest Challenge: Moving the Crude
Leslie Armentrout, the president and co-founder of Silver Cross Energy Partners discusses the opportunities of the Central Basin Platform and Utica—and the challenges.