Ring Energy Bolts On Lime Rock’s Central Basin Assets for $100MM
Ring Energy Inc. is bolting on Lime Rock Resources IV LP’s Central Basin Platform assets for $100 million.
Diamondback Closes TRP Acreage Swap for Midland Assets
Diamondback Energy added southern Midland Basin locations through an acreage swap with TRP Energy.
Kinder Morgan Completes Bakken G&P Acquisition from Outrigger Energy II
Kinder Morgan closed on a $640 million deal for a Bakken natural gas gathering and processing network in the Williston Basin.
Report: Diamondback in Talks to Buy Double Eagle IV for ~$5B
Diamondback Energy is reportedly in talks to potentially buy fellow Permian producer Double Eagle IV. A deal could be valued at over $5 billion.
BP’s Eagle Ford Refracs Delivering EUR Uplift, ‘Triple-Digit’ Returns
BP’s shale segment, BPX Energy, is seeing EUR uplifts from Eagle Ford refracs “we didn’t really predict in shale,” CEO Murray Auchincloss told investors in fourth-quarter earnings.
Trump Nominates E&P Advocate Sgamma to Head Bureau of Land Management
If confirmed by the Senate, Kathleen Sgamma, president of the Western Energy Alliance, would oversee management of approximately 245 million acres of surface lands.
TGS Expands CO2 Storage Assessments Across Gulf Coast, Midwest
TGS is offering information to aid in successful carbon sequestration, including basin-scale stratigraphy, reservoir properties, formation penetration and the associated risks related to pressure and seals.
EON Deal Adds Permian Interests, Restructures Balance Sheet
EON Resources Inc. will acquire Permian overriding royalty interests in a cash-and-equity deal with Pogo Royalty LLC, which has agreed to reduce certain liabilities and obligations owed to it by EON.
Report: US Tariffs Could Lead to Higher Onshore Wind Costs
Trump’s move to impose tariffs on allies and political adversaries alike comes in an effort to protect U.S. national security interest and leverage America’s economic position.
PrairieSky Buys Canadian Mineral Interests in Deals Totaling $57MM
PrairieSky Royalty Ltd. acquired royalty interests in December and January deals in Alberta and Saskatchewan, Canada.