Vitesse Energy Closes $220MM Acquisition of Bakken Pureplay Lucero
Vitesse Energy Inc. agreed to purchase Bakken E&P Lucero Energy Corp. in December in an all-stock transaction valued at $222 million.
The Wall: Uinta, Green River Gas Fills West Coast Supply Gaps
Gas demand is rising in the western U.S., and Uinta and Green River producers have ample supply and takeaway capacity.
Chord Drills First 4-Mile Bakken Well, Eyes Non-Op Marcellus Sale
Chord Energy drilled and completed its first 4-mile Bakken well and plans to drill more this year. Chord is also considering a sale of non-op Marcellus interests in northeast Pennsylvania.
Targa Buys Back Bakken Assets After Strong 2024
Targa Resources Corp. is repurchasing its interest in Targa Badlands LLC for $1.8 billion and announced three new projects to expand its NGL system during its fourth-quarter earnings call.
Kinder Morgan Completes Bakken G&P Acquisition from Outrigger Energy II
Kinder Morgan closed on a $640 million deal for a Bakken natural gas gathering and processing network in the Williston Basin.
NOG Spends $67MM on Midland Bolt-On, Ground Game M&A
Non-operated specialist Northern Oil & Gas (NOG) is growing in the Midland Basin with a $40 million bolt-on acquisition.
TGS Expands CO2 Storage Assessments Across Gulf Coast, Midwest
TGS is offering information to aid in successful carbon sequestration, including basin-scale stratigraphy, reservoir properties, formation penetration and the associated risks related to pressure and seals.
E&Ps’ Subsurface Wizardry Transforming Geothermal, Lithium, Hydrogen
Exploration, drilling and other synergies have brought together the worlds of subsurface oil drilling and renewable energies.
Intensity Infrastructure Partners Pitches Open Season for Bakken NatGas Egress
Analysts note the Bakken Shale’s need for more takeaway capacity as Intensity Infrastructure Partners launches an open season for a potential 126-mile natural gas transport line out of the basin.
Halliburton-Backed Startup Espiku Nears Water Treatment Pilot
Oregon-based Espiku, in collaboration with Halliburton Labs, aims to help drillers reuse produced water and reduce disposal. The company is scouting potential pilot project sites in the Permian Basin, Bakken and North Texas.