A&D Minute: The A&D Rumor Mill is Churning, What Acquisition is Next? [WATCH]

In this week's A&D Minute, analysts predict an M&A flurry—despite companies keeping their plans behind the scenes—and Crescent Point Energy sees premium inventory growth through its Hammerhead acquisition. 

BlackRock Puts $550MM into Direct Air Capture JV with Occidental

BlackRock and Occidental Petroleum’s STRATOS project will be the world’s largest DAC facility when it begins operations in mid-2025.

Marketed: Silver Creek Exploration II Well Package in Texas

Silver Creek Exploration has retained EnergyNet for the sale of a well package with non-operated WI in Burleson and Robertson counties, Texas.

Marketed: Undisclosed Seller 35-2-1MH Hz Well in Oklahoma

An undisclosed seller has retained EnergyNet for the sale of a WI participation option in the Stout 35-2-1MH Hz Well in Blaine County, Oklahoma.

Chord Energy Goes Long: Bakken E&P Investigating Four-mile Laterals

With the continued success of its three-mile lateral wells, Williston Basin operator Chord Energy reported higher-than-expected production volumes in the third quarter and is exploring even longer horizontal drilling.

Talos Energy Enters JV with Repsol, Keeps Eye on Bigger M&A

Talos Energy and Repsol entered a joint venture that could ultimately develop additional drillable inventory, a tactic to find more wells as a government lease sale in the Gulf of Mexico faces multiple delays.

Kinder Morgan to Buy NextEra Energy Partners’ Texas Pipelines for $1.82B

U.S. pipeline operator Kinder Morgan said on Nov. 7 it would acquire NextEra Energy Partners' gas pipelines in South Texas for $1.82 billion.

‘We can be patient’: Marathon Oil Isn’t Rushing into Large-Scale M&A

As a wave of large-scale M&A sweeps over the U.S. shale sector, rumors are swirling that Marathon Oil is looking at acquisitions, but CEO Lee Tillman sees no need to rush into a deal.

ConocoPhillips Sticking to 10-Year Plan as Peers Consolidate

As supermajors make headlines with large-scale M&A, ConocoPhillips leadership reiterated its intention to stick with its 10-year plan and increased its quarterly dividend, driving the company’s share price up more than 4.5%.

Crescent Point Buying Alberta Montney E&P in $1.86 Billion Deal

Crescent Point is extending its premium drilling inventory in the Alberta, Canada, Montney Shale with a roughly US$1.86 billion (CA$2.55 billion) acquisition of Hammerhead Energy.