Devon Shares Slide Despite Q3 Production, Cash Beats
Devon Energy stock fell more than 10% as the company ramps up drilling in the Permian Basin and newly acquired areas in the Eagle Ford and Williston Basin
Liberty Lift Acquires Spool Tech Assets Servicing the Bakken
The Spool Tech acquisition follows Liberty Lift’s asset acquisition in April 2022 of Elite Lift Solutions LLC and Powder River Hydraulics LLC.
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.
Hess Reports Higher Than Expected Q3 Production, Earnings
Hess reported strong production and financial results for the third quarter and expects capex to come in at $2.7 billion for the year with net production expected to average nearly 325,000 boe/d.
Devon Energy Keeps Its Priorities Straight with A&D
Devon Energy focuses on a business model that bakes shareholder returns into its base formula, enabling growth and investor prosperity during tough times, Corporate Development Officer David Harris told Hart Energy A&D conference attendees.
Energy A&D Transactions from the Week of Oct. 26, 2022
Here’s a snapshot of recent energy deals including NOG’s $330 million Permian Basin acquisition in Midland County, Texas, plus the closing of the $1.96 billion buyout of Shell Midstream.
On the Market Oil and Gas Quicklist (Week of Oct. 26, 2022)
Here’s a quicklist of oil and gas assets on the market including Arkoma Drilling’s portfolio of Haynesville assets in North Louisiana plus the Gungnir Resources prospect in the northern D-J Basin in Wyoming.
Marketed: Overland Oil & Gas Bakken Shale, Three Forks Well Package
Overland Oil & Gas Advisory LLC retained EnergyNet for the sale of a Bakken Shale and Three Forks well package across North Dakota’s Dunn, McKenzie, Mountrail and Williams counties.
Energy A&D Transactions from the Week of Oct. 19, 2022
Here’s a snapshot of recent energy deals including BP’s $4.1 billion acquisition of Houston-based Archaea Energy and Continental Resources’ take-private merger agreement.