It’s All Relative: Family Oil Companies Attract Huge M&A Attention

What role do firms controlled by descendants of the original Permian Basin wildcatters play in a sector increasingly dominated by scale?

July 1, 2024

Bob Simpson-led TXO Partners Buys Williston Basin Assets for Nearly $300MM

TXO Partners, an upstream MLP founded by XTO Energy executive Bob Simpson, is acquiring assets in the Williston Basin—a region the XTO team knew quite well.

June 25, 2024

Pytheas Adds Three Oil, Gas-producing Assets to Portfolio

Pytheas Energy said the assets represent working and non-working interests in 620 oil and gas wells. Combined, the assets currently produce approximately 357 bbl/d.

June 25, 2024

Private Oil Producers Dwindle Amid Consolidation in New Top Operators List

According to a compilation by Enverus in an exclusive partnership with Oil and Gas Investor, the list of the top 20 private oil producers has been reshaped following a period of massive M&A. 

June 25, 2024

EIA Estimates Declined Rates of Flaring, Venting NatGas in 2023

Even as the rates of natural gas venting and flaring fell, according to Energy Information Administration data, another study shows CO2 emissions continued to rise globally.

June 20, 2024

URTeC: E&Ps Tap Refrac Playbook for Eagle Ford, Bakken Inventory

Refracs and other redevelopment projects might not be needle-moving growth drivers—but they’re becoming more common for E&Ps levered in maturing plays like the Eagle Ford and Bakken, experts discussed at URTeC 2024.

June 17, 2024

Exclusive: How Liberty’s ‘Improved’ Operations Transformed the Bakken’s Core

Liberty Resources II’s president and CEO Mark Pearson walks through the sale of its Bakken assets to Silver Hill Energy Partners and highlights a few M&A drivers in the play, in this Hart Energy Exclusive interview.

June 12, 2024

Permian To Drive Two-thirds of US Oil Output Growth Through '25 – EIA

The Permian Basin will drive U.S. oil production growth for the foreseeable future, according to the U.S. Energy Information Administration. But Permian associated gas growth continues to pressure the natural gas industry.  

June 12, 2024

Hunting for Growth: Petro-Hunt Digs Deeper into Delaware, Williston

Dallas-based Petro-Hunt, one of the nation’s largest private oil and gas producers, is drilling in the Permian and Williston basins—and keeping an eye out for accretive M&A.

June 7, 2024

Exclusive: Continental Dives Deep Into Anadarko's Complexities

The Anadarko Basin's complexities are not stopping Continental Resources from capitalizing on its resources and eyeing acreage that may possibly be on the market soon following the closing of some big deals, the company's Vice President of the Anadarko Basin Aaron Chang told Hart Energy's Nissa Darbonne at SUPER DUG. 

June 3, 2024