Williams Buys MountainWest Pipeline System from Southwest Gas for $1.5 Billion
Southwest Gas Holdings’ sale comes nearly a year after it purchased the Rocky Mountain region pipeline system from Dominion Energy for $2 billion.
Occidental Lands Federal Funding for Geothermal Project
Occidental’s project and another led by Geysers Power Co. could improve drilling rates by at least 25% and ultimately lower costs, according to the U.S. Energy Department.
PDC Energy Announces Approval of Guanella CAP by COGCC
With the COGCC’s approval, PDC has a clear view into its turn-in-line activity well into 2028 at current activity levels.
PDC Energy Declares Special and Cash Dividends
PDC Energy declared a special dividend of $0.65 per share in addition to a quarterly cash dividend of $0.35 per share, the company announced Dec. 7.
From Underdog to Big Dog: Phoenix Capital Group Touts D-J Basin Deal
The company doesn’t mince words, whether it’s calling out “unsavory, unethical and dishonest mineral shops,” lowball offers or celebrating its wins over its better-capitalized competitors.
Summit Midstream Partners Acquires Outrigger DJ Basin System, Other Infrastructure for $305 Million
The DJ Basin midstream system will now connect Summit’s system to multiple midstream systems in the Denver-Julesburg Basin.
Civitas Resources C-Suite Chat: Rising to the Challenge(s)
Civitas Resources in the D-J Basin is aligning executive compensation with stakeholders, meeting emissions reduction targets and is on target to generate $1 billion in annual free cash flow this year. And inside its C-suite, a millennial woman from Colombia is showing everyone how it’s done.
On the Market Oil and Gas Quicklist (Week of Nov. 16, 2022)
Here’s a quicklist of oil and gas assets on the market including a Recoil Resources Eagleville Field well package within the Eagle Ford Basin in Atascosa and Wilson counties, Texas.
Energy A&D Transactions from the Week of Nov. 9, 2022
Here’s a snapshot of recent energy deals including Marathon Oil’s $3 billion cash acquisition of Ensign Natural Resources in the Eagle Ford Shale plus Kimbell’s largest deal in four years.
On the Market Oil and Gas Quicklist (Week of Nov. 9, 2022)
Here’s a quicklist of oil and gas assets on the market including a nonoperated position in the Bakken concentrated in Williams and Dunn counties, North Dakota, plus a Sabine Oil & Gas East Texas well package.