More Top Stories in Shale Plays

Permian Takeaways: Rebuilding the Most Prolific Paradigm in the US

Midstream companies and E&Ps may have different priorities, but continued pipeline development is crucial for the basin’s future.

June 3, 2024

Royale Reports Favorable Results in Permian’s Mississippian Interval

Royale Energy has four producing wells, with a fifth and sixth being drilled and completed in Ector County, Texas, with plans to bring them online later this year.

June 2, 2024

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.

May 31, 2024

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.

May 31, 2024

From Comedy Central to Exxon Mobil-Pioneer Deal, a New FTC Emerges

The Exxon Mobil and Pioneer Natural Resources deal closed quickly and without divestment conditions, an antitrust attorney said — except for the sole condition that barred Pioneer’s founding CEO from Exxon’s board.

May 31, 2024

Expanding Gas Processing Capacity May Increase Permian Crude

The development of gas processing plants and a pipeline opening in the Permian Basin are expected to give crude producers a boost in the second half of 2024.

May 31, 2024

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.

May 30, 2024

Adding Green: HighPeak, Priority Power Advance WildHorse Solar

Developed and owned by Priority Power, the facility is expected to lower costs and minimize HighPeak’s greenhouse gas emissions.

May 30, 2024

Tellurian Goes All in on LNG with Upstream Divestiture to Aethon

Tellurian, which is developing the 27.6 mtpa Driftwood project in Louisiana, relaunched itself as a LNG pure play with the sale of its Haynesville upstream assets to Aethon Energy, but analysts see lingering financial problems for the company.

May 29, 2024

Global Energy Watch: How the Lone Star State is Leading the US’ Clean Energy Future

While Texas leads the U.S. in energy production, providing nearly one-fourth of the country’s domestically produced energy, is truly an all-of-the-above energy state as solar, wind and other renewable sources are rising within the energy matrix.

May 29, 2024