Exclusive: Sheffield Clears the Air, Formentera is Not Just a PDP Buyer
Formentera Founder and Partner Bryan Sheffield delves into the company's drilling operations including the unique history of how Formentera took up assets in Australia's Beetaloo, in this Hart Energy Exclusive interview.
SM Energy, NOG Close $2.6 Billion in Uinta Basin Acquisitions
SM Energy and Northern Oil and Gas have closed the acquisitions of XCL Resources and Altamont Energy, adding hundreds of locations and oil cuts of 86% to 87%.
Energy Transfer Leads the Midstream Consolidation Flow
Energy Transfer co-CEOs discuss pipeline pain points, needed M&A, regulatory woes and much more in this Midstream Business exclusive.
Chesapeake, Southwestern to Form Expand Energy as $7.4B Deal Closes
Chesapeake Energy’s merger with Southwestern Energy is expected to close in the first week of October, with the combined company renamed Expand Energy Corp.
Trauber: Inventory Drives M&A, But E&Ps Also Vying for Relevancy
Legendary dealmaker Stephen Trauber keeps his eyes open for out of the box ideas: Why not a BP-Shell merger? Or Chevon and ConocoPhillips?
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.
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.
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.
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.
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.