Exclusive Occidental, CrownRock Merge Into Team of Overachievers

Thaimar Ramirez, president and general manager for Occidental Petroleum’s Midland Basin Business Unit, said 100 days after closing the CrownRock acquisition production guidance keeps going higher.

In Busy Minerals M&A Year, Freehold Grabs $152MM Midland Interests

Canadian player Freehold Royalties is getting deeper in the Permian with a CA$216 million (US$152 million) Midland Basin acquisition as minerals buyers intensify M&A in the basin.

Integrating OCTG Management from Planning to Well

Tenaris’ Rig Direct provides improved collaboration and communication, and more uptime.

The Explosive Evolution of Fracking: A 75-Year Journey

Despite some initial resistance to the idea, Halliburton and Stanolind Oil pioneered the hydraulic fracturing that led to the shale boom.

E&P Highlights: Dec. 9, 2024

Here’s a roundup of the latest E&P headlines, including a major gas discovery in Colombia and the creation of a new independent E&P.

Commerce Department Sees Higher Dumping of Mexican, Argentine OCTG

United States Steel Corp. said it has concerns that Argentine oil country tubular goods are being dumped “at much higher levels” than preliminary data suggested.

BW LPG Takes Sixth VLGC Delivery from Avance Gas

The delivery of the BW Rigel vessel marks the sixth vessel delivered to BW from Avance Gas as part of the companies’ $1.5 billion deal for 12 very large gas carriers.

Pickering: Will Improving Drilling Efficiencies Outrun Inventory-led M&A?

Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners.

As Upstream M&A Settles, Oilfield Services Gear Up for More Deals

Within the first nine months of 2024, oilfield services dealmaking hit $19.7 billion—the highest since 2018, according to Deloitte.

US Drillers Add Oil, Gas Rigs for First Time in 8 Weeks

The oil and gas rig count rose by seven to 589 in the week to Dec. 6, its highest since mid-September.