Mentor Capital Inc. has purchased a 25.127 net royalty acre stake in West Texas’ Permian Basin.
With recent Permian bids eclipsing $6 million per location, Vitol could be exploring a $3 billion sale of its shale business VTX Energy Partners, analysts say.
Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. shale oil and gas producer at as much as $3 billion, including debt, people familiar with the matter said.
With tariffs discussions creating uncertainty in the energy sector, Luca Zanotti, Tenaris’ U.S. president, said he sees minimal impact with tariffs on oil country tubular goods, in this Hart Energy exclusive interview.
Competition for gas supply will heat up as demand from data centers and new LNG projects jockey for a spot on takeaway lines.
Buyer interest for Haynesville gas inventory is strong, according to Jefferies and Stephens M&A experts. But with little running room left in the Haynesville, buyers are searching other gassy basins.
Iris Jancik, the CEO of International Battery Metals, said the company aims to work with oil and gas companies to explore lithium extraction projects.
With uncertainly surrounding federal aid as the Trump administration attempts cost cutting measures, the state is exploring its own incentive system to plug wells and reduce emissions.
Analysts predict plenty of natural gas demand on the Gulf Coast is coming as LNG operations ramp up.
Mesa Minerals IV, backed by NGP funds, is launching to acquire mineral and royalty interests in the Permian and Haynesville, said Mesa President and CEO Darin Zanovich at DUG Gas.