Bakken
Shale Plays , Natural Gas , Crude Oil
EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers
Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.
Acquisitions & Divestitures , Trends
Chord, Enerplus’ $4B Deal Clears Antitrust Hurdle Amid FTC Scrutiny
Chord Energy and Enerplus Corp.’s $4 billion deal is moving forward as deals by Chesapeake, Exxon Mobil and Chevron experience delays from the Federal Trade Commission’s requests for more information.
Acquisitions & Divestitures , Earnings , Crude Oil
Continental Resources Makes $1B in M&A Moves—But Where?
Continental Resources added acreage in Oklahoma’s Anadarko Basin, but precisely where else it bought and sold is a little more complicated.
Acquisitions & Divestitures
Report: Devon Energy Targeting Bakken E&P Enerplus for Acquisition
The acquisition of Enerplus by Devon would more than double the company’s third-quarter 2023 Williston Basin production.
Shale Plays
Silver Hill Energy Enters Bakken with Liberty Resources Acquisition
Silver Hill Energy Partners LP is getting into the Bakken in North Dakota through the acquisition of Liberty Resources II.
Earnings , Acquisitions & Divestitures , Shale Plays
Hess Corp. Boosts Bakken Output, Drilling Ahead of Chevron Merger
Hess Corp. increased its drilling activity and output from the Bakken play of North Dakota during the fourth quarter, the E&P reported in its latest earnings.
Acquisitions & Divestitures , Shale Plays , Crude Oil
Is Grayson Mill the Next Bakken Domino to Fall After Chevron-Hess?
As E&Ps look to bulk up outside of the Permian Basin, EnCap-backed Bakken player Grayson Mill Energy is reportedly exploring a sale valued around $5 billion.
Crude Oil , Natural Gas
EIA: Oil, Gas Output to Fall Across Lower 48 in February
Daily oil and gas output is forecasted to decline from shale basins across the Lower 48 in February—except from the mighty Permian Basin, according to new Energy Information Administration figures.
Acquisitions & Divestitures
Phoenix Capital Group Acquires Bakken Mineral Interests
Phoenix Capital Group acquired about 600,000 net mineral acres across four states from AgWest Farm Credit.
Exploration & Production , Trends
Deckelbaum: US Shale Landscape Taking on New Shape Through M&A
In 2023, majors Chevron and Exxon Mobil took four public names off the board—Pioneer Natural Resources, Denbury, PDC Energy and Hess Corp.— using all-equity takeout mechanisms with scant premiums.