Oilfield Services Firm Flowco Files IPO Paperwork
Oilfield services provider Flowco filed paperwork for an IPO, one of several energy-focused players seeking to test the public markets.
December 9, 2024
Permian EOR Firm Plans Reverse Merger with Coconut Water Brand
Roosevelt Resources, which is developing an EOR project in the Texas Permian Basin, aims to go public through a reverse merger.
December 5, 2024
Surge Energy Balancing M&A Hunt with Testing Midland’s Shallow Zones
Surge Energy’s Travis Guidry discusses the potential for $1.3 billion in Permian Basin M&A and the company’s quest to grow inventory organically.
December 5, 2024
Classic Rock, New Wells: Permian Conventional Zones Gain Momentum
Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
December 2, 2024
Scout Taps Trades, Farm-Outs, M&A for Uinta Basin Growth
With M&A activity all around its Utah asset, private producer Scout Energy Partners aims to grow larger in the emerging Uinta horizontal play.
November 29, 2024
Exclusive: Permian’s Relevance in US Oil Production Expected to Increase
Jefferies’ Pete Bowden, the global head of industrial, energy and infrastructure investing, discussed the trajectory of the Permian Basin’s production and the future of M&A in the increasingly consolidated region, in this Hart Energy Exclusive interview.
November 26, 2024
Jefferies: With Permian Locked Up, E&Ps Hunt for New L48 Runway
With the core of the Permian Basin largely locked up, “intrepid operators” are hunting for runway in more nascent Lower 48 basins and in less developed Permian benches.
November 26, 2024
ConocoPhillips: Longer Laterals Coming to Delaware Basin After Marathon Close
After closing a $17.1 billion acquisition of Marathon Oil, ConocoPhillips’ Delaware Basin leader sees opportunities to drill longer laterals and investigate secondary benches underground.
November 22, 2024
Exclusive: Surge Energy Seeks Midland M&A with $1.3B in Dry Powder
Surge Energy is one of the largest private oil producers in the Permian Basin. With $1.3 billion in dry powder to put to work, Surge is scouring the northern Midland Basin for M&A, executive Travis Guidry told Hart Energy.
November 19, 2024
Harold Hamm: ‘Drill, Baby, Drill’ Faces Geology Barriers, Even Under Trump
Harold Hamm, Continental Resources founder and major Trump donor, says the U.S. faces real barriers to expanding production growth—even with Republicans controlling D.C.—as major shale basins mature.
November 18, 2024