The Latest

WhiteWater-Led NatGas Pipeline Traverse Reaches FID

The Traverse natural gas pipeline JV project will give owners optionality along the Gulf Coast.

Acquisitive Public Minerals, Royalty Firms Shift to Organic Growth

Building diverse streams of revenue is a key part of growth strategy, executives tell Oil and Gas Investor. 

BKV Appoints Dilanka Seimon to New Chief Commercial Officer Position

BKV Corp. has created a new chief commercial officer position and placed industry veteran Dilanka Seimon in the role.

NGP Backs Wing Resources with $100MM to Buy Permian Mineral Interests

Wing Resources VIII, which is backed by NGP Royalty Partners III, will focus on acquiring “high-quality” mineral and royalty interests across the Permian Basin, the company said.

Exxon Mobil Vice President Karen McKee to Retire After 34 Years

Matt Crocker will succeed Karen T. McKee as vice president of Exxon Mobil and president of its product solutions company.

Double Eagle Team Re-Ups in Permian, Backed by EnCap’s $2.5B

The fifth iterations of Double Eagle Energy and its minerals subsidiary, Tumbleweed Royalty, have received a $2.5 billion equity commitment from EnCap Investments LP—the day the E&P finalized a $4.1 billion sale to Diamondback Energy.

SM Energy Marries Wildcatting and Analytics in the Oil Patch

As E&P SM Energy explores in Texas and Utah, Herb Vogel’s approach is far from a Hail Mary.

Waterous Raises $1B PE Fund for Canadian Oil, Gas Investments

Waterous Energy Fund (WEF) raised US$1 billion for its third fund and backed oil sands producer Greenfire Resources.

Kimmeridge to Grow to 1 Bcf/d Via Bits and Bids, Including Haynesville

Kimmeridge Texas Gas expects to be producing nearly as much gas as its 1.3 Bcf/d Commonwealth LNG plant will export when it comes online in 2029, said CEO Dave Lawler.

Norges Bank Acquires $1.5B Stake in North Sea Wind Projects

Norges Bank’s deal with RWE includes the Nordseecluster wind farm in the German North Sea and the Thor wind farm in the Danish North Sea.