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 and Occidental Petroleum’s STRATOS project will be the world’s largest DAC facility when it begins operations in mid-2025.
Silver Creek Exploration has retained EnergyNet for the sale of a well package with non-operated WI in Burleson and Robertson counties, Texas.
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.
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 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.
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.
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.
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 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.