Northwind’s Sour Expansion Adds Room for Delaware Development
Midstream company Northwind Midstream expects to see treatment demand rise in Lea County, New Mexico, as Tier 1 plays mature and E&Ps look elsewhere to expand.
Sitio Fights for its Place Atop the M&R Sector
The minerals and royalties space is primed for massive growth and consolidation with Sitio aiming for the front of the pack.
WaterBridge Starts Open Season for Produced Water Pipeline
Water midstream company WaterBridge plans to develop transport capacity out of the Delaware Basin.
In Inventory-Scarce Permian, Could Vitol’s VTX Fetch $3B?
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.
Energy Trader Vitol Eyes $3B Sale of US Shale Producer, Sources 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.
EOG Ramps Gassy Dorado, Oily Utica, Slows Delaware, Eagle Ford D&C
EOG Resources will scale back on Delaware Basin and Eagle Ford drilling and completions in 2025.
Diversified Energy Closes $1.3B Maverick Acquisition, Enters Permian
Diversified Energy Co. Plc completed its $1.3 billion acquisition of EIG-backed Maverick Natural Resources.
Northwind Midstream Puts Delaware Basin Plant Expansion in Service
Northwind Midstream, backed by Five Point Energy, plans to continue growing its gathering and processing and amine treatment facilities.
Lone Star State of Mind: Rockcliff Energy III Sets Sights on Texas Shale Assets
Rockcliff Energy III Executive Chairman Alan Smith and CEO Sheldon Burleson have their Quantum Capital-backed company’s Texas-sized ambition focused on the western Haynesville and the Eagle Ford.
Western Midstream to Build Permian Produced Water Pipeline
Western Midstream is investing up to $450 million to expand its produced water infrastructure, including the Pathfinder pipeline to transport produced water to disposal facilities in the Delaware Basin.