After $2.55B Deal, NOG and SM to Buy More Uinta Basin Assets

Northern Oil & Gas and SM Energy, which are acquiring Uinta Basin E&P XCL Resources, will acquire additional assets in the basin with the purchase of Altamont Energy, which XCL had been trying to buy.

August 7, 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

Rising Phoenix Expands Oil, Gas Portfolio with D-J Basin Deal

The Denver-Julesburg Basin deal, which closed July 31, marks Rising Pheonix Royalties’ first non-operated drilling acquisition.

August 1, 2024

NOG’s Banner 2Q: Biggest M&A Deals, New Basins, Record Production

Non-operated specialist Northern Oil & Gas (NOG) had a banner second quarter, inking its largest acquisition ever in Utah and hitting record quarterly production.

July 31, 2024

Marketed: Gungnir Resources 30 Permitted Wells in Wyoming

Gungnir Resources has retained EnergyNet for the sale of a non-producing interests plus 30 producing wells in Laramie and Platte counties, Wyoming.

July 30, 2024

2Q Upstream M&A Tops $30B as Deals Hit Utah, Eagle Ford, Bakken

A historic run of U.S. upstream M&A transactions continued unabated during the second quarter, according to Enverus data.

July 30, 2024

Investing ‘Generationally’: The Family Office View of Oil and Gas

Key family offices, whose wealth developed from other industries, are filling in oil and gas investment gaps left by the flight of endowment and institutional capital from the space.

July 25, 2024

SM Energy Offers Senior Notes to Help Fund $2B XCL Resources’ Deal

SM Energy said it intends to use the net proceeds from the notes to fund its pending $2.04 billion purchase of XCL Resources.

July 18, 2024

New Wells Underway: Private E&Ps Pulled 40% of US Permits in May

Private E&Ps are keeping pace with public operators in taking permits for new-drill horizontals across the Lower 48, according to a research report.

July 17, 2024

Trio Chairman Robin Ross Named CEO Less Than a Month After Return

Robin Ross, who last month returned to Trio Petroleum as board chair, has been named CEO while predecessor Michael Peterson will remain as a consultant.

July 15, 2024