The Permian Basin has a lot of untapped gassier rock that could be part of a “huge investment” in natural gas, said Michael Sollee, Diamondback Energy’s director of infrastructure, at the IPAA annual meeting.

Here’s a roundup of the latest E&P headlines, including completion of a Gulf of America survey as an offshore leasing round nears this year.

Diversified Energy will be the operator and servicer of the newly acquired proved developed producing oil and natural gas assets, which Carlyle intends to securitize.

Market volatility will create opportunities to engage with operators on both upstream and midstream growth, says Tailwater E&P CEO Doug Prieto.

Stratas Advisors forecast that as long as Iran’s oil infrastructure is not damaged, Iran is highly unlikely to move to close the Strait of Hormuz since this would affect the movement of Iran’s own oil.