Marubeni Acquires 50% Stake in Ozona’s Eagle Ford CCS Project

Japanese oil and gas producer Marubeni Corp. has acquired a 50% stake in Ozona CCS’ Eagle Ford Shale project in the Hawkville Field.

September 25, 2024

Dallas Fed: Low Natgas Prices Force Permian E&Ps to Curtail Output

Falling oil prices, recession fears and the U.S. election cycle are weighing on an increasingly pessimistic energy industry, according to a new survey of oil and gas executives by the Federal Reserve Bank of Dallas.

September 25, 2024

Vivakor to Acquire Endeavor Crude Transport Cos. for $120MM

Vivakor said it is buying Endeavor Crude and related companies, which have a series of long-term strategic partnerships with customers in the Permian Basin, Eagle Ford Shale and the STACK play.

September 25, 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

EnSight IV Energy Seller of Haynesville Assets to Quantent

EnSight said it had sold more than 7,000 net acres in Caddo, De Soto, Bossier and Red River parishes, Louisiana, to Quantent Energy Partners LLC for an undisclosed sum.

September 23, 2024

Analyst: Is Jerry Jones Making a Run to Take Comstock Private?

After buying more than 13.4 million Comstock shares in August, analysts wonder if Dallas Cowboys owner Jerry Jones might split the tackles and run downhill toward a go-private buyout of the Haynesville Shale gas producer.

September 20, 2024

Aethon, Murphy Refinance Debt as Fed Slashes Interest Rates

The E&Ps expect to issue new notes toward redeeming a combined $1.6 billion of existing debt, while the debt-pricing guide—the Fed funds rate—was cut on Sept. 18 from 5.5% to 5%.

September 20, 2024

Western Haynesville Wildcats’ Output Up as Comstock Loosens Chokes

Comstock Resources reported this summer that it is gaining a better understanding of the formations’ pressure regime and how best to produce its “Waynesville” wells.

September 19, 2024

Vitol CEO: US Shale Gas Growing Source of Shipping, Trucking Fuel

International commodities trading house Vitol sees growing demand for U.S. shale gas to spur LNG exports to China, India and emerging economies in Asia.

September 18, 2024

August Well Permits Rebound in August, led by the Permian Basin

Analysis by Evercore ISI shows approved well permits in the Permian Basin, Marcellus and Eagle Ford shales and the Bakken were up month-over-month and compared to 2023.

September 18, 2024