Topaz Completes Acquisition of Canadian Royalty Interests from Tourmaline

Topaz Energy’s deal to acquire royalty interests from Tourmaline Oil spans across approximately 3 million acres in Western Canada, with over half of the acquired land undeveloped.

Fewer Rigs, Bigger Payoff: US Oil Production Continues to Climb Even as Rig Count Drops

Despite a decline in the number of rigs in the U.S., technological advances and improved efficiencies have kept production going, allowing companies to achieve more with fewer resources.

Proppant Suppliers Covia, Black Mountain Merge to Become Iron Oak Energy Solutions

Iron Oak Energy Solutions will supply proppant to E&P operations in basins across North America.

Exxon Plans Longest 20,000-Ft Wells on Pioneer’s Midland Asset

Exxon Mobil has already drilled some of the longest wells in the New Mexico Delaware Basin. Now, the Texas-based supermajor looks to go longer on Pioneer’s Midland Basin asset.

Diamondback Swaps Delaware Assets, Pays $238MM For TRP’s Midland Assets

After closing a $26 billion acquisition of Endeavor Energy Resources, Diamondback Energy is getting deeper in the Midland Basin through an asset swap with TRP Energy.

Global Partners Closes on Liquids Terminal Deal with Exxon

Global Partners’ newly acquired Rhode Island liquids terminal adds gasoline infrastructure to its portfolio.

Quantum-Backed E&Ps Expand with Acquired Gassy Utah-Colorado Assets

Following Quantum Capital Group’s closed $1.8 billion acquisition of Caerus Oil and Gas, KODA Resources gained 160,000 acres on the Uinta side.

Enbridge Among Growing List of Earnings Boosted by Acquisitions

Enbridge’s utilities acquisitions and gas transport growth helped to drive earnings in the third quarter.

EIV Capital: Opportunities Abound for Investors in Midstream Sector

Here are the metrics that midstream financiers look for in a mature industry.

ConocoPhillips Hits Permian, Eagle Ford Records as Marathon Closing Nears

ConocoPhillips anticipates closing its $17.1 billion acquisition of Marathon Oil before year-end, adding assets in the Eagle Ford, the Bakken and the Permian Basin.