ONEOK’s Acquisitions Pay Off with Increased Earnings
ONEOK Inc. also announced the completion of its $2.6 billion Medallion Midstream deal.
Exclusive: TPL Eyes Midland Growth to Replicate Delaware Basin Success
Texas Pacific Land CFO Chris Steddum discusses the company's approach to acquisitions in both the Delaware and Midland basins, and TPL's selective strategy when evaluating deals, in this Hart Energy Exclusive interview.
'A Renewed Look': Central Basin Platform's Old Rock Gains New Interest
As majors prune their portfolios to sell non-core assets, M&A activity is heating up on the Permian’s Central Basin Platform and Northwest Shelf—and Ring Energy hopes to be a buyer.
Small-ball Deals Plentiful, but Prices Vary
Despite a smaller IPO market and a fiscal discipline mandate, many small players continue to find and make deals in the U.S. oil patch, panelists said during Hart Energy’s A&D Conference in Dallas, Texas.
Finding a Niche: Midstream Giants Target Private G&P Assets
Smaller, non-publicly owned midstream companies are moving quickly for a position in a consolidation-driven market.
Spicewood Acquires Multiple Permian Basin Mineral Interests
Spicewood Mineral Partners added mineral and royalties interests in the Midland and Delaware basins, operated by E&Ps including Occidental Petroleum, ConocoPhillips and BP.
On The Shelf: Strawn Wells an Independent Paradise or Graveyard?
Operators can’t depend on traditional solutions to succeed on the Eastern Shelf, where drilling horizontal Strawn wells has been a decade-long iterative process.
Midstream M&A Adjusts After E&Ps’ Rampant Permian Consolidation
Scott Brown, CEO of the Midland Basin’s Canes Midstream, said he believes the Permian Basin still has plenty of runway for growth and development.
Hot Permian Pie: Birch’s Scorching New Dean Wells in Dawson County
Birch Resources is continuing its big-oil-well streak in the Dean formation in southern Dawson County with two new wells IP’ing up to 2,768 bbl/d.
Now in 18 Permian Counties, What Will Diamondback Divest?
Post-acquisition of Endeavor Energy, Diamondback Energy has property in 18 West Texas counties. While analysts wait to hear what will be sold, Endeavor is up-shifting D&C efficiencies down to $625 per lateral foot.