Scout Taps Trades, Farm-Outs, M&A for Uinta Basin Growth

With M&A activity all around its Utah asset, private producer Scout Energy Partners aims to grow larger in the emerging Uinta horizontal play.

November 29, 2024

Jefferies: With Permian Locked Up, E&Ps Hunt for New L48 Runway

With the core of the Permian Basin largely locked up, “intrepid operators” are hunting for runway in more nascent Lower 48 basins and in less developed Permian benches.

November 26, 2024

Exclusive: Why Family Offices Favor ‘Lower-Risk’ Oil, Gas Investments

Evan Smith, Stephens’ senior vice president for investment banking, describes growth in the company’s network of family offices, specifically those investing in the energy sector, in this Hart Energy Exclusive interview.

November 21, 2024

Ovintiv Swaps the Uinta for Montney in Multiple M&A Moves

Ovintiv is expanding greatly in the Canadian Montney Shale play through a US$2.38 billion deal with Paramount Resources and exiting the newly booming Uinta Basin in Utah with a $2 billion sale to FourPoint Resources.

November 15, 2024

CEO: Ovintiv Passes on Permian Prices for More Montney Condensate

Rumored to be a potential buyer in the Permian Basin, Ovintiv instead struck a deal for lower-cost oil and condensate assets in Alberta’s Montney Shale.

November 14, 2024

Analysts: A Growing Bakken Will Require a Stronger Pipeline Network

East Daley looks at potential courses as the basin continues to increase production.

November 6, 2024

SM, Crescent Testing New Benches in Oily, Stacked Uinta Basin

The operators are landing laterals in zones in the estimated 17 stacked benches in addition to the traditional Uteland Butte.

November 5, 2024

Quantum-Backed E&Ps Expand with Acquired Gassy Utah-Colorado Assets

Following Quantum Capital Group’s closed $1.8 billion acquisition of Caerus Oil and Gas, KODA Resources gained 160,000 acres on the Uinta side.

November 4, 2024

Northern’s O’Grady: Most of ‘Best’ Acres ‘Already Been Bought’

Adding new-well inventory going forward will require “exploration or other creative measures,” said Nick O’Grady, whose Northern Oil and Gas holds interests in 10,000 Lower 48 wells.

October 24, 2024

Northern Scores Early Mover Advantage with $2.6B Uinta Basin Deal

Northern Oil and Gas CEO Nick O’Grady said the Uinta Basin has stayed off the radar but a time may come when Utah’s best kept secret starts to heat up in the M&A market.

October 24, 2024