Chris
Mathews
Hart Energy
Continental, Antero, Other E&Ps Make Strides in Ground Game A&D
Operators have been hard at work on ground game dealmaking from the Permian to Appalachia through the first half of the year, according to reports by Continental Resources, Antero Resources, HighPeak Energy and others.
Ørsted, Mission Clean Energy Form Energy Storage JV
The initiative marks Ørsted’s first standalone battery storage partnership in the U.S. and globally.
Newly Public LandBridge Closes Three Surface Acquisitions
LandBridge’s acquisitions in second-quarter 2024 bring its total Permian Basin surface position to approximately 220,000 acres.
With ‘Pipeline of M&A,’ Crescent Ready for Another Deal
Fresh off closing its $2.1 billion SilverBow Resources acquisition, Crescent CEO David Rockecharlie told investors, “we are just getting started.”
Diamondback Curtails Permian Oil Output Amid Associated Gas Glut
Diamondback Energy, one of the Permian’s largest oil producers, curtailed some Permian oil output to limit associated gas production. Permian gas output is near record highs, and takeaway capacity out of the basin is bottlenecked.
Devon Capitalizing on Bakken, Eagle Ford Refracs
Devon Energy’s Delaware Basin production dominated the quarter for the multi-basin E&P, but the company is tapping into recompletion opportunities to supplement production, executives said.
Exclusive: Aethon M&A Gambit Pays Off with Woodside-Tellurian Deal
Aethon Energy, already a large LNG feed-gas supplier, sees Woodside’s acquisition of Tellurian and the Driftwood LNG project as a validation of the natural gas industry’s prospects.
After $2.55B Deal, NOG and SM to Buy More Uinta Basin Assets
Northern Oil & Gas and SM Energy, which are acquiring Uinta Basin E&P XCL Resources, will acquire additional assets in the basin with the purchase of Altamont Energy, which XCL had been trying to buy.
Marathon Petroleum CEO Calls Rumors of Neste Purchase 'Not Factual'
The CEO of Marathon Petroleum Corp. downplayed rumors that the Ohio refiner was interested in acquiring Europe’s Neste Corp. during a second quarter 2024 webcast with analysts.
Patterson-UTI Boosts Bottom Line with OFS Acquisitions
Less than a year out from the closing of its merger with NexTier and its acquisition of Ulterra Drilling Technologies, Patterson-UTI is taking strides not to be the latest has-been.