PakEnergy Plows Ahead with New SCADA Solution
After acquiring Plow Technologies, home of the OnPing SCADA platform, PakEnergy looks to enhance its remote monitoring solutions.
Post Oak-backed Quantent Closes Haynesville Deal in North Louisiana
Quantent Energy Partners’ initial Haynesville Shale acquisition comes as Post Oak Energy Capital closes an equity commitment for the E&P.
Non-op Rising: NOG’s O’Grady, Dirlam See Momentum in Co-purchase M&A
Non-operated specialist Northern Oil & Gas is going after larger acquisitions by teaming up with adept operating partners like SM Energy and Vital Energy. It’s helping bridge a capital gap in the upstream sector, say NOG executives Nick O’Grady and Adam Dirlam.
Crescent Energy Bolts On Oil-weighted Eagle Ford Acreage
The deal, Crescent said, builds on the company’s Eagle Ford M&A in the past 18 months, including its recent $2.1 billion acquisition of SilverBow Resources.
Private Producers Find Dry Powder to Reload
An E&P consolidation trend took out many of the biggest private producers inside of two years, but banks, private equity and other lenders are ready to fund a new crop of self-starters in oil and gas.
Voyager Midstream Buys Haynesville G&P Assets from Phillips 66
Voyager Midstream acquired about 550 miles of natural gas pipelines, 400 MMcf/d of gas processing capacity and 12,000 bbl/d of NGL production capacity.
Midcon Momentum: SCOOP/STACK Plays, New Zones Draw Interest
The past decade has been difficult for the Midcontinent, where E&Ps went bankrupt and pulled back drilling activity. But bountiful oil, gas and NGL resources remain untapped across the Anadarko, the SCOOP/STACK plays and emerging zones around the region.
ONEOK to Acquire Permian’s EnLink, Medallion Midstream for $5.9 Billion
ONEOK will acquire Global Infrastructure Partners’ interests in EnLink Midstream and Medallion Midstream, which add scale in the Permian, Midcontinent and Louisiana, in separate transactions valued at $5.9 billion.
Building a Better Non-op? Control the Purse Strings, Executives Say
As they trail E&Ps in the public markets, some non-operated oil and gas companies are taking firmer control of drilling decisions as executives look to reinvent their business model.
Verdun Oil: Quietly Leading the Eagle Ford’s Refrac Rally
Verdun is among the largest private producers left in South Texas, with more than 285,000 net leasehold acres and 90,000 net boe/d across the Eagle Ford Shale trend and the Giddings Field.