Ovintiv is marketing assets in the Permian Basin amidst rumors that the Denver-based E&P is looking to join in on the M&A frenzy.
The acquisition of Tall Oak Midstream III balances Summit Midstream’s crude and natural gas commodity exposure in preparation for high natural gas demand in the coming years, Summit Midstream CEO Heath Deneke said.
Diamondback Energy’s Viper Energy closed the last of three acquisitions from Tumbleweed Royalty, owned by Double Eagle Energy’s founders, that together totaled about $1.1 billion.
SM Energy and Northern Oil and Gas have closed the acquisitions of XCL Resources and Altamont Energy, adding hundreds of locations and oil cuts of 86% to 87%.
Canada’s Montney Shale play has already attracted U.S. companies Ovintiv, Murphy and ConocoPhillips while others, including private equity firms, continue to weigh their options.
EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.
Tailwater E&P's purchase of non-op working interests from Accelerate Resources includes future inventory held by Diamondback, EOG Resources, Devon and several other E&Ps.
PEDEVCO is teaming up with a private equity-backed Colorado operator to jointly develop the SW Pony Prospect in Weld County, Colorado.
Air Products’ sale of its LNG process technology and equipment business to Honeywell will allow the company to focus on its industrial gases and hydrogen businesses.
APA Corp. and TotalEnergies announced a $10.5 billion final investment decision for the GranMorgu project located offshore Suriname in Block 58. First production to come from a 220,000 bbl/d FPSO is slated to flow in 2028.