Nissa
Darbonne
Oil and Gas Investor
M&A Values: Permian Still No. 1 as U.S. Average Falls Sharply
Gas-weighted assets’ M&A values have declined with gas futures since 2022, according to J.P. Morgan Securities analysis.
Post Oak, Genesis Park Sell Permian’s Layne Water Midstream
PE firms Post Oak Energy Capital and Genesis Park sold the Delaware Basin’s Layne Water Midstream to an undisclosed buyer.
Diversified to Buy East Texas NatGas Assets from Crescent Pass
Diversified Energy’s $106 million deal with Crescent Pass Energy comes during a prolonged dip in natural gas prices that some analysts expect to rebound as demand ramps up for LNG exports and power demand.
ChampionX Closes Acquisition of Artificial Lift Company RMSpumptools
ChampionX, which is being acquired by SLB for $7.7 billion, bought RMSpumptools Ltd. for about $110 million.
Eversource, Ørsted Close Sunrise Wind Sale Offshore NY
Eversource sold its 50% stake in the wind farm offshore New York to Ørsted for $152 million.
Dominion Buys Avangrid’s Kitty Hawk Offshore Wind Lease for $160MM
Avangrid agrees to sell Kitty Hawk North offshore wind lease for $160 million to a subsidiary or Dominion Energy.
Occidental’s 1PointFive Agrees to Sell Carbon Credits to Microsoft
1PointFive said the agreement marks the largest single purchase of CO2 removal credits enabled by direct air capture to date.
CEO: Devon Eyes 3-Mile Williston Wells With $5B Grayson Mill Deal
Devon Energy is digging deeper in the Williston Basin of North Dakota through a $5 billion deal with EnCap-backed Grayson Mill Energy.
D-J’s Elevation Midstream, ARB Midstream Subsidiary to Merge
Elevation Midstream and Platte River Holdings, a subsidiary of ARB Midstream, are merging to create a D-J Basin midstream company of scale.
Crescent-SilverBow Deal Leaps Last FTC Hurdle
The ending of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act satisfies an important condition needed to complete Crescent Energy Co.’s acquisition of SilverBow Resources.