Trio Petroleum Adds Leasehold to South Salinas Project

The additional leasehold increases Trio’s footprint by about 8%, from 8,600 acres to 9,267 acres, the company said.

Crescent Energy Bolt-on Adds Eagle Ford Assets for $600 Million

Crescent Energy will acquire operated interests and working interests from Mesquite Energy while nearly doubling its inventory in the play.

Enverus: Eagle Ford Upstream Deal Activity Soars in Q1

E&Ps continue to look at the Permian Basin for undeveloped acreage, but deal activity in the Eagle Ford Shale surged in the first quarter as buyers searched for producing assets.

Crestwood, Brookfield Complete Gas Storage Sale to Enbridge

Crestwood, which owned half of the Tres Palacios gas storage facility, said it would use proceeds from the deal to pay down debt.

Santos' Sale of PNG LNG Stake to State-owned Kumul Delayed to August

The deal's exclusivity period, extended already from the original deadline of December 2022 to April 30, will now end on Aug. 31.

Enbridge to Acquire Natural Gas Storage for $295 Million

For Enbridge, the purchase of the Montney storage mirrors a deal the midstream company made in March to buy gas storage on the U.S. Gulf Coast.

Exxon Mobil Grows Permian Production to Record Levels in Q1

Exxon Mobil grew oil and gas production in the Permian Basin to record levels during the first quarter, the supermajor reported in earnings.

Antero Deepens Marcellus Inventory, Acreage in A&D Moves

Antero Resources about 12,000 net acres and more than 50 equivalent incremental drilling locations in the Marcellus at an average cost of $1 million per location.

Exclusive: Scott Sheffield Offers Peek Behind the Permian’s M&A Curtain

In an interview with Hart Energy, Pioneer CEO Scott Sheffield and his newly announced successor Richard Dealy discussed the future of the Permian Basin and the E&Ps own M&A strategy.

US Energy Buys $225 Million Stake in Midland Basin’s Mascot Project

U.S. Energy Development Corp. acquired a 25% working interest in the Midland Basin’s Mascot Project, which include at least 50 undeveloped well locations.