Marathon Oil to Acquire Ensign in $3 Billion Eagle Ford Deal
Through its acquisition of Ensign Natural Resources, Marathon Oil is gaining 130,000 net acres adjacent to the Houston-based company’s existing Eagle Ford position in South Texas.
Energy A&D Transactions from the Week of Nov. 2, 2022
Here’s a snapshot of recent energy deals including SLB’s acquisition of Houston-based Gyrodata and NextEra Energy’s $1.1 billion renewable natural gas expansion.
On the Market Oil and Gas Quicklist (Week of Nov. 2, 2022)
Here’s a quicklist of oil and gas assets on the market including a Tap Rock Resources operated Permian Basin package in Reeves County in West Texas.
Devon, Chesapeake Report Higher Quarterly Profits on Crude Price Rally
Devon Energy and Chesapeake Energy joined other U.S. oil giants in reporting higher-than-anticipated quarterly profits for third-quarter 2022.
Denbury Surpasses CO2 Deal Target with Massive Louisiana Project
With an agreement to transport and sequester CO₂ from a massive clean ammonia project in Louisiana, Denbury surpasses its CO₂ transportation deal target goal for 2022.
Oxy to Support Up to 30 DAC Plants on King Ranch Acreage in Texas
Occidental Petroleum and 1PointFive's direct air capture (DAC) facilities are expected to capture up to 30 million tons of CO2 emissions per year from King Ranch's operations and nearby industrial emitters.
Energy Transition in Motion (Week of Oct. 28, 2022): Advancing Projects, Investment
Here’s a look at some of this week’s renewable energy news, including Pioneer Natural Resources teaming up with NextEra Energy to develop a wind farm.
Oxy Low Carbon Ventures Enters Carbon Sequestration Agreement
Oxy Low Carbon Ventures and Natural Resource Partners are both looking to expand their carbon neutral portfolios through the evaluation of a carbon sequestration hub in southeast Texas.
Kelly Loyd Selected as Evolution Petroleum CEO
Kelly Loyd has served on Evolution Petroleum's board of directors for 13 years as the chair of the investment committee.
Exclusive: Devon Energy’s Development Chief Executive Shares Secrets of A&D [WATCH]
David Harris, executive vice president and chief corporate development officer at Devon Energy, spoke with Hart Energy at the A&D Strategies and Opportunities Conference 2022 in Dallas about what it takes to keep shareholders happy while embracing a strategic growth model.