Baker Hughes, Avports Sign MoU to Develop Lower-carbon Energy Solutions

The collaboration between Baker Hughes and Avports will accelerate development and adoption of airport-specific microgrids to address energy demand.

Southwestern Energy Takes Q2 Earnings Hit, But Slashes Debt

Debt reduction drives Southwestern Energy’s strategy as second quarter earnings plummet.

Devon Energy, WaterBridge Enter Delaware Basin Midstream JV

Devon and NDB Midstream entered into a long-term agreement in which Devon committed all of its produced water, an initial dedication of about 52,000 acres and 18 saltwater disposal sites.

Earthstone Shops Eagle Ford Assets as E&P Eyes South Texas Exit

Earthstone Energy is marketing PDP and undeveloped locations in the Eagle Ford as the E&P streamlines its focus on the Permian Basin.

Marketed: Equilon Enterprises d/b/a Shell Oil Products-owned California Opportunity

Equilon Enterprises d/b/a Shell Oil Products has retained EnergyNet for the offering of pipelines and properties in various California counties. 

Marketed: Elk River-owned Delaware Basin Opportunity in Texas

Elk River Resources LLC has retained Detring Energy Advisors for the sale of a Delaware Basin opportunity. 

X-Energy Reactor Appoints Gregory Goff to Board

X-Energy Reactor Co. is appointing Gregory J. Goff to its board of directors, who also serves on the boards of Exxon Mobil and Avient.

Plains All American Pipeline to Seek More Bolt-ons After Permian A&D

Plains All American Pipeline increased its EBITDA guidance on strong earnings and emphasized an A&D strategy underpinned by fiscal discipline.

WhiteHawk Energy Announces Second Haynesville Shale Acquisition

WhiteHawk Energy said it would acquire mineral and royalty interests in Louisiana and Texas, its second announced Haynesville Shale deal this year.

Chevron Closes $6.3B PDC Energy Acquisition

Chevron Corp. completed its acquisition of PDC Energy Inc.’s acreage positions in the Denver-Julesburg and Permian basins.