More Top Stories in Shale Plays
Formation Minerals Acquires Haynesville Shale Interests
Formation Minerals purchased Haynesville Shale interests on acreage operated by Aethon Energy Management.
Permian’s LandBridge Prices IPO Below Range at $17/Share, Raising $247MM
Houston-based LandBridge, which manages some 220,000 surface acres in the Permian Basin, kicked off trading at $19 per share, more than 10% above its listing price.
LandBridge Chair: In-basin Data Centers Coming for Permian NatGas
Newly public Delaware Basin surface-owner LandBridge Co. has a 100-year lease agreement with one developer that could result in ground-breaking in two years and 1 GW in demand.
US Energy Production Hits All-time High, Far Outpacing Consumption -EIA
The Permian Basin’s natural gas growth leads to record surge in U.S. energy supplies.
Scott Sheffield Among Investors in Australian Shale Gas IPO
The operator who sold Pioneer Natural Resources Co. to Exxon Mobil in May for $59.5 billion joins his son Bryan Sheffield in shale gas investment Down Under.
SM Stock Dives Over 10% as Investors Weigh $2B Uinta Basin Deal
Shares for SM Energy were trading down after announcing a multibillion-dollar entry into Utah’s Uinta Basin, an unusual move that nonetheless adds scale to the company’s Eagle Ford Shale and Permian Basin operations.
SM Energy to Buy XCL Resources in $2.55B Entry into Uinta Basin
SM Energy has entered into a joint acquisition with Northern Oil and Gas to buy XCL Resources’ oil-heavy Uinta Basin assets in a core area that SM says competes with the Midland Basin.
‘Too Many’ Players: Oilfield Services Feel Permian M&A Crunch—Dallas Fed
After a historic run of E&P consolidation, oilfield services and equipment providers in the Permian are competing to woo a dwindling number of upstream customers, according to the second-quarter Dallas Fed Energy Survey.
Gas Producers Increasingly Dominating in New Shale Top Operators List
As more private oil producers are gobbled up by giant publics, the gas players are moving up the ranks of the top operators, according to a compiled list by Enverus in an exclusive partnership with Oil and Gas Investor.
Marketed: Anschutz Three-well Opportunity in Powder River Basin
Anschutz Exploration Corp. has retained EnergyNet for the sale of three wells in the Powder River Basin.