Earthstone’s Anderson Relaunches, Seeks Conventional

The new E&P PetroPeak Energy will also take a look at unconventional property in the Eagle Ford and Austin Chalk.

Sell High, Invest Low: Kinetik CEO on Creating Value with Durango Deal

Kinetik CEO Jamie Welch walks through the company's process for acquiring Durango Permian, including selling its 16% stake in the Gulf Coast Express pipeline, and shares his takeaways on challenges in the Permian today, in this Hart Energy Exclusive interview. 

Exxon Mobil Keeps Its Options Open in Guyana and Globally

Exxon Mobil Guyana Ltd.’s President Alistair Routledge said the company is seeking resources offshore Guyana that compete financially within its portfolio.

Blankenship, Regens: More Demand, More M&A, More Regs

In 2024, the oil and gas industry is dealing with higher interest rates, armed conflicts in Europe and the Middle East, rising material costs, a decrease in Tier 1 acreage and new policies and laws.

CEO: FireBird II Prowls Western Midland Basin for M&A, Deep Exploration

After selling the first FireBird Energy to Diamondback for $1.6 billion, the FireBird II team is adding leases and scaling oil production in the western Midland Basin, CEO Travis Thompson said at Hart Energy’s SUPER DUG Conference & Expo.

CEO: FireBird Energy Constantly Scouring the Midland Basin for Deals

Travis Thompson, CEO of FireBird Energy II, said the company has made about 13 acquisitions since its inception in April 2023 and currently has two rigs running.

Kimmeridge Exits SilverBow Proxy Fight, Takes Credit for $2.1B Crescent Deal

Kimmeridge will withdraw from a proxy fight with SilverBow Resources in light of a $2.1 billion offer by Crescent Energy for the Eagle Ford Shale E&P.

Imperial’s Project to Lower Oil Sands Emissions Begins Production

Imperial Oil, majority owned by Exxon Mobil, is deploying a new recovery technology at its Grand Rapids oil sands project in an effort to drastically reduce emissions by 2030.

WildFire Energy I Buys Apache’s Eagle Ford, Austin Chalk Assets

Private producer WildFire Energy I, backed by Warburg Pincus and Kayne Anderson, scooped up Apache’s portfolio in the eastern Eagle Ford and Austin Chalk plays.

What's Affecting Oil Prices This Week? (May 20, 2024)

U.S. economic activity, geopolitical uncertainty in the Middle East and the U.S.' recent hike in Chinese EV import duties all have a hand in the sway of oil prices this week.