Which Haynesville E&Ps Might Bid for Tellurian’s Upstream Assets?

As Haynesville E&Ps look to add scale and get ahead of growing LNG export capacity, Tellurian’s Louisiana assets are expected to fetch strong competition, according to Energy Advisors Group.

Diamondback Energy to Acquire Permian’s Endeavor for $26B

Diamondback Energy will acquire Endeavor Energy in a cash-and-stock agreement that will create a Permian juggernaut with a combined value of more than $52 billion in a merger of near equals.

From Restructuring to Reinvention, Weatherford Upbeat on Upcycle

Weatherford CEO Girish Saligram charts course for growth as the company looks to enter the third year of what appears to be a long upcycle. 

ARC Resources Adds Ex-Chevron Gas Chief to Board, Tallies Divestments

Montney Shale producer ARC Resources aims to sign up to 25% of its 1.38 Bcf/d of gas output to long-term LNG contracts for higher-priced sales overseas.

Carlson: $17B Chesapeake, Southwestern Merger Leaves Midstream Hanging

East Daley Analytics expects the $17 billion Chesapeake and Southwestern merger to shift the risk and reward outlook for several midstream services providers. 

EIG’s MidOcean Energy Acquires 20% interest in Peru LNG

On top of acquiring a 20% interest in Peru LNG, MidOcean Energy is also in the process of acquiring interests in four Australian LNG projects.

Athabasca Oil, Cenovus Energy Close Deal Creating Duvernay Pureplay

Athabasca Oil and Cenovus Energy plan to ramp up production from about 2,000 boe/d to 6,000 boe/d by 2025.

Report: Devon Energy Targeting Bakken E&P Enerplus for Acquisition

The acquisition of Enerplus by Devon would more than double the company’s third-quarter 2023 Williston Basin production.

Pioneer Natural Resources Shareholders Approve $60B Exxon Merger

Pioneer Natural Resources shareholders voted at a special meeting to approve a merger with Exxon Mobil, although the deal remains under federal scrutiny.

California Resources Corp., Aera Energy to Combine in $2.1B Merger

The announced combination between California Resources and Aera Energy comes one year after Exxon and Shell closed the sale of Aera to a German asset manager for $4 billion.