Permian
Field Development
Royale Reports Favorable Results in Permian’s Mississippian Interval
Royale Energy has four producing wells, with a fifth and sixth being drilled and completed in Ector County, Texas, with plans to bring them online later this year.
Acquisitions & Divestitures , Shale Plays , Crude Oil , Transactions
Multi-basin Mayhem: Conoco, Marathon Tout Eagle Ford, Bakken Runway
ConocoPhillips and Marathon Oil—which both trace their roots to the breakup of John D. Rockefeller’s Standard Oil Trust more than a century ago—are combining in a $22.5 billion deal.
Acquisitions & Divestitures , Policy & Regulations , Mergers
From Comedy Central to Exxon Mobil-Pioneer Deal, a New FTC Emerges
The Exxon Mobil and Pioneer Natural Resources deal closed quickly and without divestment conditions, an antitrust attorney said — except for the sole condition that barred Pioneer’s founding CEO from Exxon’s board.
Crude Oil , Natural Gas , Exploration & Production , Midstream
Expanding Gas Processing Capacity May Increase Permian Crude
The development of gas processing plants and a pipeline opening in the Permian Basin are expected to give crude producers a boost in the second half of 2024.
Acquisitions & Divestitures , Shale Plays , Finance , Exploration & Production
The Shape of M&A to Come: Is Devon Up Next to Join the Spree?
ConocoPhillips' recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.
Solar , Wind , Emissions , Energy Transition
Adding Green: HighPeak, Priority Power Advance WildHorse Solar
Developed and owned by Priority Power, the facility is expected to lower costs and minimize HighPeak’s greenhouse gas emissions.
Energy Transition , Renewables , CCS/CCUS , Wind
Global Energy Watch: How the Lone Star State is Leading the US’ Clean Energy Future
While Texas leads the U.S. in energy production, providing nearly one-fourth of the country’s domestically produced energy, is truly an all-of-the-above energy state as solar, wind and other renewable sources are rising within the energy matrix.
Transactions , Midstream
Energy Transfer Picks Up Last of Permian’s Big, Private Midstreamers
Energy Transfer’s $3.25 billion deal for WTG Midstream aside, plenty of smaller midstream companies are available for M&A, an analyst says.
Shale Plays , Field Development , Crude Oil , Natural Gas , Super DUG , Hart Energy Exclusive
Exclusive: Devon Energy Weighing More ‘Unmatched’ Delaware Inventory
Devon Energy’s John Raines delves into capital allocation trends in the Delaware Basin and why the region is attractive to Devon’s operations, in this Hart Energy Exclusive interview.
Gathering & Processing , Pipelines , Acquisitions & Divestitures
Energy Transfer to Buy Permian Midstream Player WTG for $3.25B
Energy Transfer has agreed to purchase WTG Midstream Holdings’ assets, including Midland Basin core infrastructure, from Diamondback Energy, Stonepeak and the Davis Estate in a cash and stock deal.