Devon Ups Delaware Basin Ante With 21-Well Pad, Secondary Zones
Devon Energy is producing record volumes from the Delaware Basin—its biggest asset—where the company drilled a 21-well pad targeting six different intervals in recent months.
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Acquisitions & Divestitures
Exclusive: How Vital, NOG Aligned Interests Across Multiple Asset Acquisitions
Vital Energy CEO Jason Pigott discusses the company’s relationship with Northern Oil and Gas, including multiple transactions across different assets from Forge and Point Energy, and Vital’s priorities going forward, in this Hart Energy Exclusive interview.
IPO
OMS Energy Files for IPO, Reports Revenue Growth
Singapore-based OMS Energy, a wellhead system manufacturer, has not yet determined its price range and number of shares.
Policy & Regulations
Moelis’ Cantor: Trump to Make American Energy Investable Again
Former GOP Majority Leader Eric Cantor, vice chairman and managing partner at Moelis, said EV subsidies are likely to be in the president’s crosshairs in his second term.
Earnings
Record NGL Volumes Earn Targa $1.07B in Profits in 3Q
Targa Resources reported record NGL transportation and fractionation volumes in the Permian Basin, where associated natural gas production continues to rise.
Natural Gas
A Tale of Two Strategies: How Baker Hughes, NOV are Traversing the Natural Gas Age
Natural gas demand is on the rise, and with that comes a flurry of measures to capitalize on evolving market needs. How are Baker Hughes and NOV navigating the changing energy landscape?
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Oil and Gas Investor Magazine
Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.