Scott Sheffield Among Investors in Australian Shale Gas IPO

The operator who sold Pioneer Natural Resources Co. to Exxon Mobil in May for $59.5 billion joins his son Bryan Sheffield in shale gas investment Down Under.

‘Too Many’ Players: Oilfield Services Feel Permian M&A Crunch—Dallas Fed

After a historic run of E&P consolidation, oilfield services and equipment providers in the Permian are competing to woo a dwindling number of upstream customers, according to the second-quarter Dallas Fed Energy Survey.

TotalEnergies Acquires License Offshore São Tomé and Príncipe

TotalEnergies will assume operatorship and a majority stake in the license offshore Africa.

Mexico’s Zama Drama Eases, but Not Over for Talos, Other IOCs

Houston-based Talos Energy and its Block 7 consortium partners could make FID on the Zama field development sometime in the next year. But despite the importance placed on the project to secure energy security for Mexico, the consortium continues to run into headwinds.

Analysis: A Mountain of Asset Sales Loom After Oil Megamerger Era

U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end of regulatory reviews.

Gas Producers Increasingly Dominating in New Shale Top Operators List

As more private oil producers are gobbled up by giant publics, the gas players are moving up the ranks of the top operators, according to a compiled list by Enverus in an exclusive partnership with Oil and Gas Investor.

Marketed: Anschutz Three-well Opportunity in Powder River Basin

Anschutz Exploration Corp. has retained EnergyNet for the sale of three wells in the Powder River Basin.  

Watching the Uinta: XCL Petitions the FTC to Approve Altamont Acquisition

XCL Resources' petition was required under a prior agreement EnCap Energy Capital Fund XI struck with the FTC in 2022, which required the private equity group to sell off EP Energy’s Utah oil business.

Private Oil Producers Dwindle Amid Consolidation in New Top Operators List

According to a compilation by Enverus in an exclusive partnership with Oil and Gas Investor, the list of the top 20 private oil producers has been reshaped following a period of massive M&A. 

E&P Highlights: June 24, 2024

Here’s a roundup of the latest E&P headlines, including TotalEnergies working with Nigeria to reach FID on the Ubeta gas field and Chevron signing production sharing contracts for two blocks offshore Equatorial Guinea.