The OGInterview: Building a Bakken Beast
Chord Energy CEO Danny Brown breaks down the M&A strategy that is hitting all the right notes.
Chord Closes $4B Enerplus Acquisition for Williston Basin Scale
The Enerplus transaction gives Chord Energy another decade of drilling runway in the Bakken Shale play—the nation’s second-largest oil field.
Multi-basin Mayhem: Conoco, Marathon Tout Eagle Ford, Bakken Runway
ConocoPhillips and Marathon Oil—which both trace their roots to the breakup of John D. Rockefeller’s Standard Oil Trust more than a century ago—are combining in a $22.5 billion deal.
The Shape of M&A to Come: Is Devon Up Next to Join the Spree?
ConocoPhillips' recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.
Enerplus, Chord on Track to Close $4B Williston Deal on May 31
Enerplus Corp. shareholders will vote on the deal, which was already approved by Chord stockholders, on May 24.
Empire Petroleum’s Williston Drilling Program Identifies New Zones
Empire Petroleum provided updates on its Williston Basin development drilling program in its first quarter 2024 earnings results.
ConocoPhillips: Permian Basin a ‘Growth Engine’ for Lower 48
ConocoPhillips views the Permian Basin as a “growth engine” within its Lower 48 portfolio, the company’s Midland Basin Vice President Nick McKenna said during Hart Energy’s SUPER DUG event in Fort Worth.
Chord Juggles Closing $4B Enerplus Deal, Plans to Drill 4-mile Laterals
Chord Energy expects to close its Enerplus acquisition by the end of May but, for now, is focused on three-mile and, eventually, four-mile laterals in the Williston Basin.
Exxon Shale Exec Details Plans for Pioneer’s Acreage, 4-mile Laterals
Exxon Mobil plans to drill longer, more capital efficient wells in the Midland Basin after a major boost from the $60 billion Pioneer Natural Resources acquisition. Data shows that Exxon is a leading operator drilling 4-mile laterals in the Permian’s Delaware Basin.
M&A Spotlight Shifts from Permian to Bakken, Marcellus
Potential deals-in-waiting include the Bakken’s Grayson Mill Energy, EQT's remaining non-operated Marcellus portfolio and some Shell and BP assets in the Haynesville, Rystad said.