Despite JV Reports, BP Focused on Organic Growth Not M&A—CEO
BP remains focused on its transformation into an integrated energy company, interim CEO Murray Auchincloss said during a quarterly webcast, ruling out M&A for now despite reports the company was seeking joint venture partners.
Sources say BP Exploring JVs in US Shale; Interim CEO Denies ‘Rumors’
Interim BP CEO Murray Auchincloss told Reuters on Oct. 31 that rumors about the company’s shale business are “not true,” and that the London-based supermajor has all the U.S. resources it needs.
Comstock, Quantum Capital Solutions Partner for Haynesville Midstream Buildout
Quantum Capital Solutions is committing $300 million for Comstock Resources' Pinnacle gathering and treatment system, among other Haynesville midstream operations.
TotalEnergies Starts Production on its Largest-to-date US Solar Farm
TotalEnergies’ Myrtle Solar farm produces enough green electricity to cover the equivalent consumption of 70,000 homes.
Marketed: GST Trust Non-Producing Minerals in Haynesville Shale
GST Trust et al has retained EnergyNet for the sale of non-producing minerals subject to lease in the Haynesville Shale/ Bossier Opportunity in Shelby County, Texas.
Energy Transition in Motion (Week of Oct. 20, 2023)
Here is a look at some of this week’s renewable energy news, including $1.8 billion in financing raised by a Texas company for standalone energy storage.
Kimmeridge Exec: Chesapeake-Southwestern is Gas Sector’s ‘Most Logical Combination’
After pushing Chesapeake to pivot into a pure-play natural gas company, activist investor Kimmeridge wants to see a deal come together with Southwestern Energy—for the right price.
Analysts: Chesapeake-Southwestern Deal Could Create Top US Shale Gas E&P
A merger between Chesapeake Energy Corp. and Southwestern Energy Co. would create the nation’s largest natural gas E&P, analysts say. But a multibillion-dollar combination could also draw scrutiny from regulators.
Exclusive: SilverBow Sees Potential in Chesapeake Assets [WATCH]
Laura Gu, vice president of corporate and asset development at SilverBow Resources discusses in this Hart Energy LIVE Exclusive their latest Eagle Ford acquisition and the company's process of pioneering into the Austin Chalk.
Exxon Bringing Longer Laterals, New Tech to Pioneer Acreage
With a $60 billion acquisition of Pioneer Natural Resources, Exxon plans to deploy its fine-tuned Delaware Basin drilling strategy into the heart of the Midland Basin, executives say.