How Shale Producers Can Deliver Oil and Gas for the Future
Because oil and gas will still be part of the energy mix, executives said it also makes sense to incentivize lower-carbon basins like the Bakken.
US Oil Producer Hess Accelerates Plan for Fourth North Dakota Shale Rig
Bakken producer Hess Corp. expects to add a fourth rig to its North Dakota operations in July, moving forward from the company's original goal of adding the additional rig in 2023.
Energy A&D Transactions from the Week of June 22, 2022
Here’s a snapshot of recent energy deals including Targa Resources’ $3.55 billion cash acquisition of Lucid Energy Group in the Permian Basin.
On the Market Oil and Gas Quicklist (Week of June 22, 2022)
Here’s a quicklist of oil and gas assets on the market including PetroQuest Energy operated East Texas natural gas interests plus a Verado Energy operated horizontal development in the Permian Basin.
From Bakken to Haynesville: Riverbend Sells Nonop Assets for $1.8 Billion
Riverbend Energy Group had assembled the nonop acreage since 2016 through three funds; it retains assets in the Permian’s southern Midland Basin.
Energy A&D Transactions from the Week of June 15, 2022
Here’s a snapshot of recent energy deals including Devon Energy’s $856 million bolt-on acquisition of RimRock Oil and Gas in the Bakken plus BP’s exit from the Canadian oil sands.
On the Market Oil and Gas Quicklist (Week of June 15, 2022)
Here’s a quicklist of oil and gas assets on the market EOG Resources Wolfcamp Shale assets in Loving County, Texas, plus a Grace Petroleum operated package in the Permian Basin.
Harold Hamm Launches $4.4 Billion Cash Offer to Take Continental Resources Private
Harold Hamm, an industry icon who helped lead the charge to lift America’s 40-year-old ban on U.S. crude oil exports, founded Continental Resources in 1967 at the age of 21.
Hess Shares Strategy Behind Diverse Asset Portfolio
Hess CEO John Hess, who said the U.S.-based oil producer is “not interested in M&A right now,” shares the key to sustainable production growth from the Bakken shale play to the Guyana-Suriname hotspot.
Devon Energy Acquires RimRock Oil and Gas in $865 Million Bolt-on
Devon Energy agreed to acquire the leasehold interest and related assets of RimRock Oil and Gas, a Warburg Pincus portfolio company focused in the Williston Basin.