Craig
Fleming
Hart Energy
Devon Capitalizing on Bakken, Eagle Ford Refracs
Devon Energy’s Delaware Basin production dominated the quarter for the multi-basin E&P, but the company is tapping into recompletion opportunities to supplement production, executives said.
Exclusive: Aethon M&A Gambit Pays Off with Woodside-Tellurian Deal
Aethon Energy, already a large LNG feed-gas supplier, sees Woodside’s acquisition of Tellurian and the Driftwood LNG project as a validation of the natural gas industry’s prospects.
After $2.55B Deal, NOG and SM to Buy More Uinta Basin Assets
Northern Oil & Gas and SM Energy, which are acquiring Uinta Basin E&P XCL Resources, will acquire additional assets in the basin with the purchase of Altamont Energy, which XCL had been trying to buy.
Marathon Petroleum CEO Calls Rumors of Neste Purchase 'Not Factual'
The CEO of Marathon Petroleum Corp. downplayed rumors that the Ohio refiner was interested in acquiring Europe’s Neste Corp. during a second quarter 2024 webcast with analysts.
Patterson-UTI Boosts Bottom Line with OFS Acquisitions
Less than a year out from the closing of its merger with NexTier and its acquisition of Ulterra Drilling Technologies, Patterson-UTI is taking strides not to be the latest has-been.
Emera to Sell New Mexico Natural Gas Co. to Bernhard for $750MM
Bernhard Capital Partners, which recently purchased CenterPoint Energy assets, will buy utility New Mexico Gas Co. from Emera for $1.25 billion, including debt.
Delek Logistics Acquires EIV’s H2O Midstream for $230MM
Delek Logistics acquired H2O Midstream, a portfolio company of EIV Capital and the largest pure-play water midstream company in the Permian Basin, with more than 250 miles of pipe.
TotalEnergies Exits Pakistan JV in Deal with Gunvor Group
TotalEnergies is selling its 50% stake in Total PARCO Pakistan to commodities trading company Gunvor Group.
Oxy Faces Mounting Debt as Ecopetrol Declines CrownRock Deal
Fitch Ratings and Moody’s Ratings expected an Ecopetrol deal of $3.6 billion to help Occidental Petroleum reach its $4.5 billion to $6 billion debt reduction target.
Trace Midstream Acquires LM Energy's Delaware Basin Natgas System
Trace Midstream Partners, backed by Quantum Capital Group, will acquire LM Energy Delaware, a portfolio company of Old Ironsides Energy, with gas gathering assets in Eddy and Lea counties, New Mexico.