Helmerich & Payne’s acquisition of U.K. service company KCA Deutag will expand its international reach, particularly in the Middle East, as well as its onshore presence in the U.S.
Occidental Petroleum and Permian Resources are in the process of finalizing the Permian Basin deal, which could be announced in the coming weeks if the talks don't fall apart, sources told Reuters.
Crescent Energy and SilverBow Resources, which are merging in a $2.1 billion deal, said that approximately $358.09 million in cash will be paid to holders of SilverBow common stock as part of the merger consideration.
Key family offices, whose wealth developed from other industries, are filling in oil and gas investment gaps left by the flight of endowment and institutional capital from the space.
EQT Corp. is marketing interests in its upstream and midstream assets in Appalachia as the company reduces debt after a $5.45 billion acquisition of Equitrans Midstream.
Woodside Energy's acquisition of Tellurian Inc., which struggled to push forward Driftwood LNG, could propel the company into a global liquefaction powerhouse and the sixth biggest public player in the world.
Kayne Anderson-backed Kraken Resources is producing more than 80,000 boe/d today and has a new Fitch Ratings credit score to take to the M&A bank.
In the never-ending hunt for Permian drilling locations, a growing number of operators are testing wells in less-developed formations and the basin’s extensional fringes.
EQT Corp. is marketing the remaining 60% interest in its non-operated Northern Marcellus assets as the Appalachia gas giant works to reduce debt following its $5.45 billion acquisition of Equitrans Midstream.
Since 2019, the Permian Strategic Partnership has doubled its membership and used philanthropic investments to generate more than $1.5 billion in community support and collaborative investment.