Acquisitions & Divestitures

Linn Spinoff Riviera Resources Sells Arkoma Basin Assets

Linn Spinoff Riviera Resources Sells Arkoma Basin Assets

Riviera Resources, which formed this year through a spinoff from Linn Energy, said it agreed to sell its roughly 37,000 net-acre position in the Arkoma Basin.

10:30 am

Hess To Sell Bakken Water Business In $225 Million Proposed Deal

Hess is looking to sell its Bakken water services business in a proposed $225 million-cash transaction with a midstream energy joint venture between Hess and Global Infrastructure Partners.

December 12, 2018

OPEC Offsets Iran Oil Loss, Sees Lower 2019 Demand

OPEC said on Dec. 12 it had offset a drop in sanctions-hit Iranian oil exports and lowered the 2019 forecast of demand for its crude, underlining the challenge the producer group faces...

December 12, 2018
E&Ps Defy Uncooperative Market, Continue Deal Making

E&Ps Defy Uncooperative Market, Continue Deal Making

Oil and gas producers are increasingly under siege by investors—activists and otherwise, most recently targeting Denbury Resources’ purchase of Penn Virginia.

December 10, 2018

Mexico To Cancel February Oil Auctions Including First Shale Areas

Mexico's energy secretary said Lopez Obrador's newly installed administration would cancel two February bidding rounds for oil and gas blocks, including Mexico's first shale areas.

December 10, 2018

Rice Energy Brothers Seek Top-Level Changes At Shale Gas Producer EQT

In a letter made public on Dec. 10, the Rice Energy brothers pointed to EQT's "severely depressed" stock price and blamed the management for underperformance.

December 10, 2018

Mineral Acreage, Financial Backing Ignites Competitiveness In Scoop/Stack

Competition is having a tremendous effect on shaping the new environment among Oklahoma’s Scoop and Stack plays.

December 6, 2018

Southwestern Completes Transformation With Close Of Fayetteville Shale Exit

Southwestern Energy closed the sale of its Fayetteville Shale business to Flywheel Energy in a transaction worth more than $2 billion completing its transformation to an Appalachian pure-play E&P.

December 4, 2018

Equitrans Midstream Plans To Simplify Structure, Eliminate IDRs

The Equitrans Midstream simplification transactions, which follow a recent wave of MLP consolidation, are expected to address the company’s IDR overhang, says CEO.

December 3, 2018

Murphy Oil Raises Production Outlook Following Petrobras GoM JV Closing

Following the closing the GoM JV with Petrobras, Murphy Oil also raised its full-year capex outlook and expects to use some of the cash flow to accelerate activity in the Eagle Ford.

December 3, 2018
Vision 2019: Oil And Gas Headwinds, Tailwinds

Vision 2019: Oil And Gas Headwinds, Tailwinds

Pundits weigh in on whether the stars will align for a successful 2019 and how the oil and gas industry can navigate the headwinds and tailwinds ahead.

December 3, 2018

ExxonMobil Turns To Solar, Wind For Power In Permian

The oil major has signed power-purchase agreements with Lincoln Clean Energy, which was acquired this year by Danish wind provider Ørsted.

November 29, 2018

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