Delaware Basin

Blackcomb Takes Lead in Permian Pipeline Race for 2026

With WhiteWater Midstream’s announced Blackcomb, other proposed lines by Energy Transfer, Targa Resources and Kinder Morgan’s may shift to a later date or be scrapped.

August 7, 2024

MPLX Expects Delaware Basin Gas Processing to Reach 1.4 Bcf/d

MPLX LP expects two new plants in the Delaware Basin will boost the company’s processing capacity in the Delaware to 1.4 Bcf/d.

August 7, 2024

Delek Logistics Acquires EIV’s H2O Midstream for $230MM

Delek Logistics acquired H2O Midstream, a portfolio company of EIV Capital and the largest pure-play water midstream company in the Permian Basin, with more than 250 miles of pipe.

August 6, 2024

Trace Midstream Acquires LM Energy's Delaware Basin Natgas System

Trace Midstream Partners, backed by Quantum Capital Group, will acquire LM Energy Delaware, a portfolio company of Old Ironsides Energy, with gas gathering assets in Eddy and Lea counties, New Mexico.

August 6, 2024

From Failed Post-Civil War Railroad to Permian Basin Royalties Giant

The Texas Pacific Land Corp. has a storied history, setting it up to thrive in Permian royalties, water, easements and more.

August 6, 2024

Civitas’ 4-Mile D-J Basin Wells See ‘Quite Compelling’ Returns

Civitas Resources is all-in on the Permian after pumping nearly $7 billion into M&A in the basin last year. But Civitas is drilling longer wells on its legacy Colorado assets, too.

August 5, 2024

Diamondback, on Hold for Endeavor Deal, Divests in Delaware Basin

Diamondback Energy sold non-core assets in the Delaware Basin in the second quarter and collected $375 million for its share of a midstream asset sale as its waits to close a $26 billion acquisition of Endeavor Energy Resources.

August 5, 2024

The OGInterview: CEO Tom Jorden on Coterra’s ‘Meritocracy of Ideas’

Coterra Energy took an against-the-grain stance on consolidation long before merger mania hit the U.S. E&P space, and it’s paying—to its shareholders—meaningful dividends.

August 5, 2024

EOG Buys South Texas Gathering System, Divests in Delaware, Eagle Ford

EOG Resources added to its South Texas infrastructure in the first half of 2024 with the acquisition of midstream assets that increases the company’s market access at Agua Dulce hub.

August 2, 2024

Exxon Pairs Record Pioneer Output with Record Legacy Permian Volumes

After closing a $63 billion acquisition of Pioneer Natural Resources, Exxon is the largest producer in the Permian Basin—and the entire U.S.

August 2, 2024