Electricity and LNG Drive Midstream Growth as M&A Looms
The midstream sector sees surging global and domestic demand with fewer players left to offer ‘wellhead to water’ services.
Carnelian Backs Williston E&P Zavanna as Bakken M&A Heats Up
Carnelian Energy Capital Management LP invested in Zavanna LLC, a longtime producer in the North Dakota Bakken and Three Forks plays.
Bayou Midstream Secures New Equity Commitment from EIV Capital
Bayou Midstream II’s commitment from EIV Capital follows Bayou’s predecessor company's successful exit of Bakken infrastructure in 2024 to Bridger Pipeline.
Marketed: ConocoPhillips Bakken Shale Opportunity
ConocoPhillips has retained EnergyNet for the sale of working interest participation in three wells located in the Bakken Shale in McKenzie County, North Dakota.
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.
Bakken Pipeline’s Oil-to-NGL Switch Could Prove Costly
Kinder Morgan’s challenge to ONEOK over Bakken NGL could upset the market’s balance.
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.
Mike Wirth: The ‘Remarkable’ Rise Of Chevron’s Permian Portfolio
Chevron aims to grow Permian volumes past 1 MMboe/d in 2025—less than a decade after it averaged less than 100,000 boe/d from legacy holdings in West Texas and New Mexico, Chevron CEO Mike Wirth said.
Exxon Pairs Record Pioneer Output with Record Legacy Permian Volumes
After closing a $63 billion acquisition of Pioneer Natural Resources, Exxon is the largest producer in the Permian Basin—and the entire U.S.
ConocoPhillips’ Blowout: Permian, Eagle Ford, Bakken Output Rises
ConocoPhillips reported a notable uplift in Eagle Ford Shale production during the second quarter, while volumes in the Permian, Bakken and Canada’s Montney Shale also grew.