Crescent Energy Bolt-on Adds Eagle Ford Assets for $600 Million
Crescent Energy will acquire operated interests and working interests from Mesquite Energy while nearly doubling its inventory in the play.
Enverus: Eagle Ford Upstream Deal Activity Soars in Q1
E&Ps continue to look at the Permian Basin for undeveloped acreage, but deal activity in the Eagle Ford Shale surged in the first quarter as buyers searched for producing assets.
Baytex Raises Capital for $2.5 Billion Ranger Oil Deal
Canada’s Baytex Energy Corp. moved a step closer toward finalizing its purchase of Ranger Oil Corp. with the closing of its private offering of $800 million aggregate principal amount of senior unsecured notes.
Elk Range Royalties Announces Third Eagle Ford Deal
The acquisition, Elk Range’s third in the Eagle Ford, brings the company’s total Eagle Ford net royalty acres to more than 2,700.
EIA: Permian Basin to Hit Record Oil, Gas Production in May
Crude and associated gas volumes coming from the Permian, the Lower 48’s premier shale play, are expected to hit new records in May, the U.S. Energy Information Administration reported.
Energy A&D Transactions from the Week of April 19, 2023
Here’s a snapshot of recent energy deals, including Matador Resources' $1.6 billion acquisition of Midland Basin E&P Advance Energy Partners and Kimbell Royalty Partners deal to bolt-on more Northern Midland Basin acreage.
Analysis: Wells in Top U.S. Oil Basins Getting Gassier
Associated gas from oil wells in major basins, including the Permian Basin and the Eagle Ford, is on the rise.
Tellurian’s Driftwood LNG Saga Continues
Tellurian Inc., which is developing the Driftwood LNG LLC project in Lake Charles, is looking to double its authorized shares amid an ongoing search for up to $2 billion in equity funding to move the project forward.
A&D Minute: Will Exxon, Pioneer Deal Top $70B? [WATCH]
Also in this week's A&D Minute, Tailwater E&P CEO Doug Prieto weighs in on Tailwater Capital's minerals and royalties strategy in key shale basins.
Energy A&D Transactions from the Week of April 12, 2023
Here’s a snapshot of recent energy deals, including Liberty Energy's purchase of Siren Energy, a Permian-focused CNG provider, and a series of acquisitions by Tailwater Royalties in the Permian, Haynesville and Eagle Ford.