More Top Stories in Shale Plays

CEO: Devon Eyes 3-Mile Williston Wells With $5B Grayson Mill Deal

Devon Energy is digging deeper in the Williston Basin of North Dakota through a $5 billion deal with EnCap-backed Grayson Mill Energy.

July 8, 2024

D-J’s Elevation Midstream, ARB Midstream Subsidiary to Merge

Elevation Midstream and Platte River Holdings, a subsidiary of ARB Midstream, are merging to create a D-J Basin midstream company of scale.

July 8, 2024

Devon Energy Expands Williston Footprint With $5B Grayson Mill Deal

Oklahoma City-based Devon Energy is growing its Williston Basin footprint with a $5 billion cash-and-stock acquisition from Grayson Mill Energy, an EnCap portfolio company.

July 8, 2024

Tom Ward: Mach Looks to Other Basins as Midcon Competition Heats Up

When other E&Ps were packing up and exiting Oklahoma, Mach Natural Resources went all-in on the Midcontinent. Now Mach CEO Tom Ward says the company is exploring M&A options in other basins as competition and prices creep back up.

July 7, 2024

Nuclear in a Box: Mobile Nuclear Reactors May Answer Permian’s Power Ask

A top Permian producer has signed up for a small-footprint nuclear plant. A top pressure-pumper has invested in the developer. Industry members say interest in Permian nuclear is hot.

July 3, 2024

Whitecap Sells Stakes in Gas Processing Plants in Two Deals

In separate deals, WhiteCap Resources sold gas processing assets to Topaz Energy and Pembina Pipeline—a move that strengthens Pembina’s Western Alberta position, an analyst said.

July 2, 2024

The OGInterview: BPX E-fracs Push ‘Values Up, Emissions Down,’ CEO Says

BPX Energy CEO Kyle Koontz discusses the company’s role as the “nimble entrepreneurial” arm of supermajor BP in the Permian Basin and Haynesville and Eagle Ford shales.

July 2, 2024

Drowning in Produced Water: E&Ps Seek Economic Ways to Handle Water Surge

Strained disposal limits push beneficial reuse to the forefront for produced water management. 

July 1, 2024

It’s All Relative: Family Oil Companies Attract Huge M&A Attention

What role do firms controlled by descendants of the original Permian Basin wildcatters play in a sector increasingly dominated by scale?

July 1, 2024

Formation Minerals Acquires Haynesville Shale Interests

Formation Minerals purchased Haynesville Shale interests on acreage operated by Aethon Energy Management.

July 1, 2024