Laredo Oil Subsidiary, Erehwon Enter Into Drilling Agreement with Texakoma

The agreement with Lustre Oil and Erehwon Oil & Gas would allow Texakoma to participate in the development of 7,375 net acres of mineral rights in Valley County, Montana.

Parker Wellbore, TDE Partner to ‘Revolutionize’ Well Drilling

Parker Wellbore and TDE are offering what they call the industry’s first downhole high power, high bandwidth data highway.

Kimmeridge Fast Forwards on SilverBow with Takeover Bid

Investment firm Kimmeridge Energy Management, which first asked for additional SilverBow Resources board seats, has followed up with a buyout offer. A deal would make a nearly 1 Bcfe/d Eagle Ford pureplay.

Marketed: Ascent Resources- Utica 96 Well Package in Ohio

Ascent Resources- Utica LLC and Ascent Utica Minerals LLC has retained EnergyNet for the sale of a non-operated 96 well package in Belmont, Guernsey, Harrison, Jefferson and Noble counties, Ohio.

Marketed: Kaiser-Francis Oil Mississippi Opportunity

Kaiser-Francis Oil Co. has retained EnergyNet for the sale of a Gilliland 34-1H opportunity in Monroe County Mississippi.

Marketed: Williston, Powder River Basins 247 Well Package

A private seller has retained EnergyNet for the sale of a Williston and Powder River basins 247 well package in Sheridan, Montana, Burke and McKenzie counties, North Dakota and Campbell County, Wyoming.

EQT Deal to ‘Vertically Integrate’ Equitrans Faces Steep Challenges

EQT Corp. plans to acquire Equitrans Midstream with $5.5 billion equity, but will assume debt of $7.6 billion or more in the process, while likely facing intense regulatory scrutiny.

Daugherty: Diamondback Scales Up Amid Consolidation Super Cycle

It’s time for the strongest among the services sector to follow Diamondback's lead: find fortifying prey and hunt.

Will the Ends Justify the Means for W&T Offshore?

After several acquisitions toward the end of 2023, W&T Offshore executives say the offshore E&P is poised for a bounce-back year in 2024.

EQT, Equitrans to Merge in $5.45B Deal, Continuing Industry Consolidation

The deal reunites Equitrans Midstream Corp. with EQT in an all-stock deal that pays a roughly 12% premium for the infrastructure company.