Chris
Mathews
Hart Energy
Permian Resources Closes Delaware Basin Bolt-On, Grassroots A&D
Delaware Basin pure-play Permian Resources added about 5,000 net leasehold acres and more than 3,000 royalty acres through a bolt-on deal and smaller acquisitions in the first quarter.
Marketed: Private Seller Operated Minerals Opportunity in Southern Midland Basin
A private seller has retained Detring Energy Advisors for the sale of a high-interest minerals opportunity in the Southern Midland Basin.
Marketed: EOG Resources Operated Well Package in New Mexico
EOG Resources, Inc. retained EnergyNet for the sale of a 15 well package in Eddy County, New Mexico.
Diversified Touts Tanos Acquisition Following Close of Texas Assets
Diversified’s Tanos II assets, which averaged 17,000 boe/d when acquired in March, helped lift company production in the first quarter, the company said.
Analysts: Callon’s $1.1 Billion A&D Aids Debt Reduction, Investor Returns
Callon’s exit from the Eagle Ford Shale will refocus the E&P as a Permian pure-play and should help reduce debt and return capital to investors, analysts say.
Chesapeake Would Buy Gas, But Who’d Sell at Sub-$3?
“They’re hard,” the E&P’s CEO said of Chesapeake getting a gas deal done in a depressed gas-futures market.
Diamondback Closes Permian Divestitures, Eyes More Midstream Sales
Diamondback Energy plans to sell off $1 billion in non-core assets by the end of 2023, including interests in long-haul pipelines and gathering and processing systems.
Energy Transition in Motion (Week of May 5, 2023): Advancing Projects, Investment
Here’s a look at some of this week’s renewable energy news, including a massive $25 billion floating wind-powered electrical grid.
Will ConocoPhillips Play Spoiler to Suncor’s $4B TotalEnergies Deal?
ConocoPhillips is “carefully” reviewing its first refusal rights in Surmont right of refusal to buy out partner TotalEnergies’ Surmont project as Suncor looks to buy TotalEnergies EP Canada for $4 billion.
Ithaca Could Add to UK Cambo Stake as Shell Attempts Sale
Shell pulled its support for Cambo in late 2021 citing economic reasons, after the project became a lightning rod for climate activists seeking to halt the development of new oil and gas resources.