Arch Resources will merge with Consol Energy in an all-stock deal for more than $5 billion.
PakEnergy will buy Plow Technologies, a leading provider of digital workflow automation and cloud/SCADA software, including its OnPing platform.
The companies aim to accelerate the design, manufacture and sales of hydrogen-based power generation technologies, according to a news release.
Enterprise Products Partners’ cash deal to acquire Piñon Midstream for $950 million offers sizeable gas treatment facilities in the Permian Basin.
Energix said it expects to deliver the solar energy in the next two to three years.
Chevron aims to grow Permian volumes past 1 MMboe/d in 2025—less than a decade after it averaged less than 100,000 boe/d from legacy holdings in West Texas and New Mexico, Chevron CEO Mike Wirth said.
Diversified will purchase “significant” proved developed producing (PDP) reserves, the company’s second PDP addition in the region since closing a deal in mid-August.
Dril-Quip stockholders will meet to vote on the merger at 9:30 a.m. CT Sept. 5.
At the EnerCom Denver conference, an APA Corp. executive didn’t address reports that APA was shopping up to $1 billion in Permian Basin assets, but he said the company is looking to shed $2 billion in term loans associated with its purchase of Callon Petroleum.
Private equity firm Quantum Capital Group closed an acquisition of Caerus Oil and Gas. Quantum is splitting Caerus’ assets in Colorado and Utah between two portfolio companies.