Richard
Stubbe
Hart Energy
ConocoPhillips Completes $22.5B Acquisition of Marathon
ConocoPhillips CEO Ryan Lance said he expects synergies of more than $1 billion on a run rate basis over the next 12 months.
RWE Acquires Majority Interest in R3 Renewables
RWE said it will acquire seven potential renewable projects in Indiana and Illinois.
Boosted by Oxy Deal, Permian Resources Expects to Grow in Delaware
Permian Resources Co-CEO Will Hickey expects more growth in the Delaware Basin thanks to his company’s advantageous cost structure.
Oxy CEO Hollub Sees More Consolidation Coming in Permian, Globally
Occidental Petroleum CEO Vicki Hollub names emissions and water management as top challenges for Permian operators and an incentive for growth.
Permian Trends Continue to Point to Crude Growth
Smaller, more creative M&A deals are becoming the standard in the Permian’s Midland and Delaware basins, an Enverus analyst says.
Expand Foresees Drilling U-Turns in Appalachia
As Expand Energy leans into its newly combined Chesapeake-Southwestern acreage, Tim Beard, the company’s vice president of drilling, would be “surprised” if Expand did not drill U-turn wells in the Appalachian Basin.
DT Midstream to Buy 3 Pipe Networks from ONEOK in $1.2B Deal
ONEOK plans to use the proceeds from the sale of the Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission to focus on other operational priorities.
NW Natural Holdings to Acquire Gas Utility SiEnergy for $425MM
Northwest Natural Holdings said the transaction should further support its long-term earnings growth outlook of 4% to 6%.
LandBridge Expands in Southern Delaware Basin with $245MM Acquisition
LandBridge is acquiring approximately 46,000 largely contiguous surface acres in the Wolf Bone Ranch from a subsidiary of Vitol-backed VTX Energy Partners.
Exclusive: Surge Energy Seeks Midland M&A with $1.3B in Dry Powder
Surge Energy is one of the largest private oil producers in the Permian Basin. With $1.3 billion in dry powder to put to work, Surge is scouring the northern Midland Basin for M&A, executive Travis Guidry told Hart Energy.