In this week's A&D Minute, Chesapeake Energy fully exits the Eagle Ford, Earthstone Energy follows suit and Sitio Royalties spends $248 million to increase its Permian footprint by 7%.
Spain’s Repsol S.A. has an eye on optimizing its Venezuelan natural gas production as well as consolidating the U.S. as a key growth area, according to the company’s CEO and executive director Josu Jon Imaz San Miguel.
NGP is targeting low breakeven upstream opportunities in the Permian Basin, Bakken and the Haynesville, Marcellus and Eagle Ford shales.
In this week's A&D Minute, Kimbell Royalty Partners makes its largest deal in company history, Diamondback Energy sells an ownership interest in Midland Basin crude oil gathering assets for $225 million and Magnolia Oil & Gas bolts on assets in the Giddings field.
Earthstone Energy is marketing PDP and undeveloped locations in the Eagle Ford as the E&P streamlines its focus on the Permian Basin.
Baytex Energy Corp.’s board of directors has declared a quarterly cash dividend amounting to CA$0.0225 per share, payable on Oct. 2.
Marathon Oil’s $0.10 per share quarterly dividend is payable to stockholders on Sept. 11.
Next-generation fleets are poised to take center stage.
Oil and gas production is slated to fall in regions across the nation in August, including the Permian Basin, according to new EIA figures.
The U.S. and Canada were the biggest drivers of non-OPEC+ supply with the Permian Basin, Eagle Ford Shale and the Bakken drove U.S. NGL production to a record high in April, the IEA said.