Exclusive: Sheffield Clears the Air, Formentera is Not Just a PDP Buyer

Formentera Founder and Partner Bryan Sheffield delves into the company's drilling operations including the unique history of how Formentera took up assets in Australia's Beetaloo, in this Hart Energy Exclusive interview. 

October 3, 2024

Texas Pacific Land Closes $290MM Permian Minerals, Royalties Deal

Texas Pacific Land Corp. acquired Permian Basin oil and gas minerals and royalties operated by Exxon Mobil, Diamondback Energy, Occidental Petroleum and ConocoPhillips. 

October 3, 2024

Ovintiv to Divest Permian Assets Amidst M&A Rumors

Ovintiv is marketing assets in the Permian Basin amidst rumors that the Denver-based E&P is looking to join in on the M&A frenzy.

October 2, 2024

Diamondback Subsidiary Viper Closes $900MM Midland Royalty Deal

Diamondback Energy’s Viper Energy closed the last of three acquisitions from Tumbleweed Royalty, owned by Double Eagle Energy’s founders, that together totaled about $1.1 billion.

October 2, 2024

SM Energy, NOG Close $2.6 Billion in Uinta Basin Acquisitions

SM Energy and Northern Oil and Gas have closed the acquisitions of XCL Resources and Altamont Energy, adding hundreds of locations and oil cuts of 86% to 87%.

October 2, 2024

Tailwater Buys Interests Across 5,000 Acres in Permian Core

Tailwater E&P's purchase of non-op working interests from Accelerate Resources includes future inventory held by Diamondback, EOG Resources, Devon and several other E&Ps.

October 1, 2024

Dorchester Minerals Closes M&A in Midland, Delaware, D-J

Limited partnership Dorchester Minerals closed two transactions in the Permian Basin and in Colorado’s Denver-Julesburg (D-J) Basin.

October 1, 2024

Energy Transfer Leads the Midstream Consolidation Flow

Energy Transfer co-CEOs discuss pipeline pain points, needed M&A, regulatory woes and much more in this Midstream Business exclusive.

October 1, 2024

Diamondback, Kinetik Boost Stake in Permian EPIC Crude Pipeline

Diamondback Energy, in partnership with Kinetik, is boosting its takeaway capacity and ownership stake in the EPIC Crude pipeline after closing a $26 billion Permian Basin acquisition.

September 24, 2024

Analyst: Could Permian Gas Pipelines Fall Short of LNG Sweet Spot?

Permian Basin oil producers will be elated to see the Matterhorn Express and another planned pipeline move gas out of their way — but both will terminate east of the biggest LNG market in the world.

September 23, 2024