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 divested Western Anadarko acreage after making an $815 million acquisition from Paloma Partners IV last year.
Drill-to-earn arrangements have been utilized in the Permian for years in the forms of joint ventures, farm-outs and other customizable agreements.
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.
The owners of a Utah tar sand mine project agreed to a go-public combination with a blank-check sponsor.
Karr Ingham served as interim president of the Texas Alliance of Energy Producers for nine months prior to assuming the full leadership position.
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 Petroleum’s direct air capture commercial-scale facility in Texas is designed to capture up to 500,000 metric tons of CO2 annually.
Summit Midstream spent the second quarter reorganizing and raising cash for the future, the company's CEO said.
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.