Which Assets Will Chevron Shop After $53B Hess Deal?
Chevron is entering the Bakken Shale play in a big way through its $53 billion acquisition of Hess Corp. After closing, will the supermajor be in North Dakota to stay?
Hess Midstream Increases Cash Distribution
Hess Midstream upped its quarterly distribution 2.7%, which will be payable on Nov. 14 to Class A shareholders on record by Nov. 2.
Bakken’s Vitesse Energy Appoints James Henderson as CFO
James Henderson’s new role at Vitesse Energy follows financial leadership roles at Williston Basin E&Ps including Whiting Petroleum Corp. and Kodiak Oil & Gas.
Crescent Point Sells North Dakota Assets to Private E&P
Crescent Point Energy is optimizing its portfolio as it looks to pay down debt associated with acquisitions in the Kaybob Duvernay and Alberta Montney.
Haynesville DUC Count Questioned as US Gas Production Forecast to Slip
The U.S. Energy Information Administration sees natural gas output falling by 147 MMcf/d in September, but the Haynesville Shale and Appalachia region continue to pump out more gas than last year.
NGP’s Latest Fund to Stick with Existing Teams, Add Few Newcomers
NGP is targeting low breakeven upstream opportunities in the Permian Basin, Bakken and the Haynesville, Marcellus and Eagle Ford shales.
The Third Mile: Chord Energy’s Longer Laterals Pay Off in Bakken
Chord Energy announces more divestitures and showcases results of longer laterals, which produce a third more than two-mile wells, CEO Daniel Brown said.
Hess Corp. Raises 2023 Production Guidance as Profits Fall
Hess Corporation raised its 2023 production forecast by 4.7% due to strong operational performance as well as the expected early fourth quarter startup of Payara, its third development offshore Guyana.
Marathon Oil Declares Quarterly Dividend
Marathon Oil’s $0.10 per share quarterly dividend is payable to stockholders on Sept. 11.
EIA: Total Lower 48 Oil, Gas Output to Decrease in August
Oil and gas production is slated to fall in regions across the nation in August, including the Permian Basin, according to new EIA figures.