APA Executive: After Recent Divestitures, ‘More to Come’
At the EnerCom Denver conference, an APA Corp. executive didn’t address reports that APA was shopping up to $1 billion in Permian Basin assets, but he said the company is looking to shed $2 billion in term loans associated with its purchase of Callon Petroleum.
Diversified Energy Closes on 170,000-acre Deal in East Texas
Diversified will pay $106 million for the natural gas assets through the issuance of 2.24 million new shares and $71 million cash.
For Sale: Grandma’s Minerals
A younger generation more open to selling subsurface rights has increased supply for the minerals and royalties market, and Mesa Minerals III is buying up interests in the Permian and Haynesville.
Ingham Named President of Texas Alliance of Energy Producers
Karr Ingham served as interim president of the Texas Alliance of Energy Producers for nine months prior to assuming the full leadership position.
With ‘Pipeline of M&A,’ Crescent Ready for Another Deal
Fresh off closing its $2.1 billion SilverBow Resources acquisition, Crescent CEO David Rockecharlie told investors, “we are just getting started.”
Devon Capitalizing on Bakken, Eagle Ford Refracs
Devon Energy’s Delaware Basin production dominated the quarter for the multi-basin E&P, but the company is tapping into recompletion opportunities to supplement production, executives said.
Blackcomb Takes Lead in Permian Pipeline Race for 2026
With WhiteWater Midstream’s announced Blackcomb, other proposed lines by Energy Transfer, Targa Resources and Kinder Morgan’s may shift to a later date or be scrapped.
Exclusive: Aethon M&A Gambit Pays Off with Woodside-Tellurian Deal
Aethon Energy, already a large LNG feed-gas supplier, sees Woodside’s acquisition of Tellurian and the Driftwood LNG project as a validation of the natural gas industry’s prospects.
EOG Buys South Texas Gathering System, Divests in Delaware, Eagle Ford
EOG Resources added to its South Texas infrastructure in the first half of 2024 with the acquisition of midstream assets that increases the company’s market access at Agua Dulce hub.
Exxon Pairs Record Pioneer Output with Record Legacy Permian Volumes
After closing a $63 billion acquisition of Pioneer Natural Resources, Exxon is the largest producer in the Permian Basin—and the entire U.S.