Coterra Eyes Wolfcamp D, Penn Shale Upside with $3.95B Permian M&A
With $3.95 billion in Permian M&A, Coterra is adding new Delaware Basin locations in the Bone Spring, Harkey and Avalon benches—and eyeing upside from deeper zones.
Liberty Energy’s Chris Wright is Harold Hamm's Top Choice for Energy Secretary
Energy policy influencer and founder of wildcatter Continental Resources Harold Hamm told Hart Energy that North Dakota Gov. Doug Burgum is also on his short list.
CEO: Ovintiv Passes on Permian Prices for More Montney Condensate
Rumored to be a potential buyer in the Permian Basin, Ovintiv instead struck a deal for lower-cost oil and condensate assets in Alberta’s Montney Shale.
Occidental CEO Sees Bipartisan DAC Support as Projects Advance
Occidental Petroleum CEO Vicki Hollub said the next president will be positive for the U.S. energy industry, especially direct air capture.
US NatGas Storage Levels Back in Record Territory
The U.S. Energy Information Administration’s weekly report shows a 42 Bcf increase of natural gas in storage, matching expectations.
Empire Raises $10M in Equity Offering to Ease Doubts, Reports $3.6M Loss
Empire Petroleum received a waiver from its lender after falling out of compliance with a credit agreement.
PHX Insists Shareholders Reject WhiteHawk’s Latest Offer
PHX Minerals’ board maintained its stance on Nov. 14 that WhiteHawk’s latest offer was not in the best interest of its stockholders.
Gas Storage Capacity Needed, But Will Companies Rise to the Challenge?
Several projects are on the drawing board to meet the rising demand for natural gas along the Gulf Coast.
Exxon Mobil to Cut Almost 400 Jobs in Wake of Pioneer Acquisition
A regulatory filing shows more than 90% of layoffs are at Pioneer’s former headquarters in Irving, Texas with the rest being workers in Midland.
US Crude Stocks Rise, Gasoline and Distillate Inventories Fall, EIA Says
U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending Nov. 8.