Chris
Mathews
Hart Energy
Tailwater Acquires Permian, Eagle Ford, Haynesville Royalties, Eyes More M&A
Doug Prieto, CEO of Tailwater E&P, told Hart Energy the firm was comfortable with the breakeven costs and well control within the Permian, Eagle Ford and Haynesville.
Diamondback Energy Reportedly Exploring Delaware Basin Asset Sale
An analyst said Diamondback’s Pecos County, Texas, assets are inferior to its Midland Basin assets and could help the E&P reach its $1 billion divestiture goal.
Marketed: SCPTX Holdings LLC Operated Properties in Central Texas
SCPTX Holdings LLC retained RedOaks Energy Advisors for the sale of certain operated conventional properties in Central Texas.
Marketed: M&F Energy LLC Grizzaffi-Vial 1; MA-3 RE SUA (Operations) plus 1-SWD in Louisiana
M&F Energy LLC retained EnergyNet for Grizzaffi-Vial 1; MA-3 RE SUA (Operations) plus 1-SWD in Saint Mary Parish, Louisiana.
Analysts: Pioneer Megamerger Could Cost Exxon Mobil $70 Billion
A megamerger between shale driller Pioneer Natural Resources and supermajor Exxon Mobil could reshape the Permian Basin. But Exxon would need to offer a hefty sum to attract a deal, analysts say.
From Empire Building to Building Resistance
The next era of M&A looks to be characterized by less new infrastructure and big transactions.
Britain's Harbour Energy, BP to Develop Viking CCS Project
A final investment decision on the Viking CCS transportation and storage project is expected in 2024.
E&P Highlights: April 10, 2023
Here’s a roundup of the latest E&P headlines in the upstream oil and gas industry, including first oil from a Gabonese project and the sailaway of an FPSO headed for a whale of a field offshore Côte d'Ivoire.
Liberty Buys Permian-focused Siren, Launches New Alternative Fuel Unit
Liberty Energy Inc. acquired Siren Energy, an integrated natural gas compression and CNG delivery business focused on the Permian Basin, for $78 million and launched alternative fuel provider Liberty Power Innovations.
Exxon Eyes Potential Purchase of Permian E&P Pioneer Natural Resources
Exxon Mobil and Pioneer, in separate emails, told Hart Energy they would not comment on market rumors or speculation.