More Top Stories in Shale Plays

Shale Plays, Mergers, Trends, CERAWeek

CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps

Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global.

March 18, 2024

Pipelines, Natural Gas, Liquefied Natural Gas (LNG)

Waha NatGas Prices Go Negative

An Enterprise Partners executive said conditions make for a strong LNG export market at an industry lunch on March 14. 

March 14, 2024

Business, Mergers, Exploration & Production

Kimmeridge Fast Forwards on SilverBow with Takeover Bid

Investment firm Kimmeridge Energy Management, which first asked for additional SilverBow Resources board seats, has followed up with a buyout offer. A deal would make a nearly 1 Bcfe/d Eagle Ford pureplay.

March 13, 2024

Lease Sales

Marketed: Ascent Resources- Utica 96 Well Package in Ohio

Ascent Resources- Utica LLC and Ascent Utica Minerals LLC has retained EnergyNet for the sale of a non-operated 96 well package in Belmont, Guernsey, Harrison, Jefferson and Noble counties, Ohio.

March 12, 2024

Lease Sales

Marketed: Williston, Powder River Basins 247 Well Package

A private seller has retained EnergyNet for the sale of a Williston and Powder River basins 247 well package in Sheridan, Montana, Burke and McKenzie counties, North Dakota and Campbell County, Wyoming.

March 11, 2024

Acquisitions & Divestitures, Mergers, Trends

Daugherty: Diamondback Scales Up Amid Consolidation Super Cycle

It’s time for the strongest among the services sector to follow Diamondback's lead: find fortifying prey and hunt.

March 11, 2024

Exploration & Production

Evolution Petroleum Sees Progress on SCOOP/STACK, Chaveroo Operations

Evolution expects to participate in future development blocks, holding in aggregate over 70 additional horizontal well locations.

March 11, 2024

Acquisitions & Divestitures, Mergers

EQT, Equitrans to Merge in $5.45B Deal, Continuing Industry Consolidation

The deal reunites Equitrans Midstream Corp. with EQT in an all-stock deal that pays a roughly 12% premium for the infrastructure company.

March 11, 2024

Exploration & Production, Mergers, Acquisitions & Divestitures

For Sale, Again: Oily Northern Midland’s HighPeak Energy

The E&P is looking to hitch a ride on heated, renewed Permian Basin M&A.

March 8, 2024

Shale Plays, Acquisitions & Divestitures

Uinta Basin's XCL Seeks FTC OK to Buy Altamont Energy

XCL Resources is seeking approval from the Federal Trade Commission to acquire fellow Utah producer Altamont Energy LLC.

March 7, 2024