More Top Stories in Shale Plays
Brazos Completes Permian G&P Plant, Announces Another
Privately held Brazos Midstream completed a 200 MMcf/d cryogenic gas processing plant in the Midland Basin and plans to build a larger gas processing plant in the second half of 2025.
Mach Natural Resources Sells Western Anadarko Assets in 2Q
Mach Natural Resources divested Western Anadarko acreage after making an $815 million acquisition from Paloma Partners IV last year.
Permian Consolidation Piques Interest in Drill-to-earn Opportunities
Drill-to-earn arrangements have been utilized in the Permian for years in the forms of joint ventures, farm-outs and other customizable agreements.
CEO: Berry Seeks Horizontal Drilling Opportunities in Uinta Basin
Berry Corp., which has a large footprint in California’s San Joaquin Basin, might be more excited about deals and drilling near its Uinta Basin acreage.
Utah Tar Sands Developers Plan Go-public Deal with SPAC
The owners of a Utah tar sand mine project agreed to a go-public combination with a blank-check sponsor.
Ingham Named President of Texas Alliance of Energy Producers
Karr Ingham served as interim president of the Texas Alliance of Energy Producers for nine months prior to assuming the full leadership position.
Tourmaline’s $950MM Crew Energy M&A Drills Deeper In Montney
Tourmaline Oil is adding high-quality drilling locations in Canada’s Montney Shale with the CA$1.3 billion (US$950 million) acquisition of Crew Energy Inc.
Occidental’s Stratos DAC Project on Track for 2025 Startup
Occidental Petroleum’s direct air capture commercial-scale facility in Texas is designed to capture up to 500,000 metric tons of CO2 annually.
Summit Sees Drop-off in Gas Traffic Following Utica Midstream Sale
Summit Midstream spent the second quarter reorganizing and raising cash for the future, the company's CEO said.
Granite Ridge Adds Interests in Midland, Delaware, Williston
Non-op Granite Ridge Resources closed transactions during and after the second quarter in multiple plays, including the Midland, Delaware, Williston, D-J and Appalachian basins.