M&A: Permian Buyers, Sellers Find ‘Goldilocks’ Zone in 2023

Permian Basin M&A has taken off in 2023 largely because buyers and sellers are in a ‘Godilocks’ zone in which prices are just right, executives at RBC Capital Markets and Jefferies said.

CapturePoint Secures Haynesville CO2 Dedication from Southwestern Energy

Southwestern will deliver CO2 through its midstream provider, Energy Transfer, to CapturePoint’s carbon storage hub in Louisiana.

The Permian’s Next M&A Hotspot May be the Delaware [WATCH]

After nine months of Permian Basin M&A ranging from private buyouts to major mergers, Wood Mackenzie’s Ryan Duman discusses what’s next for dealmakers in the basin.

WoodMac: Top-tier Permian Inventory Scarce, ‘Extremely Expensive’

E&Ps large and small are scouring the Permian Basin to buy up top-quality drilling locations. But they’ll have to pay a hefty premium to get longer in America’s hottest oil play, according to WoodMac research.

GoM Oil, Gas Lease Sale Rescheduled for Third Time

After a Nov. 2 postponement of the Gulf of Mexico (GoM) oil and gas lease auction, the Bureau of Ocean Energy Management has rescheduled the sale for the third time, on Dec. 20.

LS Power, Monarch Energy Form Hydrogen Partnership

As part of the effort, LS Power says it plans to invest up to $400 million into Monarch’s projects.

WhiteHawk Energy Acquisition Doubles Marcellus Shale Interests

WhiteHawk’s Marcellus acquisition, which effectively doubles its interests in Pennsylvania, follows a deal earlier this year to purchase Haynesville Shale assets.

Engie, WestRock Sign Agreement to Add Renewable Energy to US Grid

WestRock’s agreement with an Engie subsidiary supports two Texas-based solar projects as part of WestRock’s aims to reduce greenhouse-gas emissions.

Commentary: Notable Quotes and Headlines from 3Q Earnings

Reading between the lines of midstream management's third-quarter commentary, executives had plenty to say about dividends, M&A and misjudged opportunities. 

Marketed: Eagle Ford Shale 42 Property Package

A private seller has retained EnergyNet for the sale of an Eagle Ford Shale opportunity, 42 property packages in Bee, Karnes and Live Oak Counties, Texas.