Darren
Barbee
Oil and Gas Investor
As Upstream M&A Settles, Oilfield Services Gear Up for More Deals
Within the first nine months of 2024, oilfield services dealmaking hit $19.7 billion—the highest since 2018, according to Deloitte.
BP Seeks Buyers for US NatGas Pipeline System Stake, Sources Say
BP is seeking buyers for a stake in its U.S. natural gas pipeline network, sources say.
Permian EOR Firm Plans Reverse Merger with Coconut Water Brand
Roosevelt Resources, which is developing an EOR project in the Texas Permian Basin, aims to go public through a reverse merger.
Surge Energy Balancing M&A Hunt with Testing Midland’s Shallow Zones
Surge Energy’s Travis Guidry discusses the potential for $1.3 billion in Permian Basin M&A and the company’s quest to grow inventory organically.
Matador Consolidates Midstream Subsidiary, JV in $600MM Deal
Matador is merging its Delaware Basin Pronto Midstream subsidiary with its San Mateo Midstream joint venture with Five Point Energy to showcase assets an analytical firm called "underappreciated."
Shell, Equinor JV to Create UK’s Largest Independent Oil, Gas E&P
The joint venture will produce more than 140,000 boe/d in 2025, Shell said. In the U.K., Equinor currently averages 38,000 boe/d and Shell 100,000 boe/d.
CNX’s $505MM Bolt-On Adds Marcellus, Deep Utica in Pennsylvania
CNX Resources CEO Nick Deluliis said the deal to buy Apex Energy underscores CNX’s confidence in the stacked pay development opportunities unlocked in the deep Utica.
TerraVest’s Green Energy to Acquire Aureus’ Canadian Water Management Services
TerraVest Industries Inc.’s partially-owned subsidiary Green Energy Services is buying Aureus Energy Services Inc.’s water management and hot oiling services in Alberta and British Columbia.
Q&A: How EthosEnergy Keeps the Oil and Gas World Spinning
EthosEnergy CEO Ana Amicarella says power demands and tools are evolving onshore and offshore and for LNG and AI.
TotalEnergies Sells Half of US Renewable Portfolio to Apollo
TotalEnergies is acquiring Germany’s VSB Group while selling 50% of a 2-gigawatt renewable portfolio in Texas.