Public Capital

Public Capital , Acquisitions & Divestitures

Northern Oil & Gas Boosts Permian Position with $102 Million Acquisitions

The acquisition of nonoperated interests across core Permian Basin acreage represents the “trifecta” for Northern Oil and Gas, says COO Adam Dirlam.

June 16, 2021

Public Capital , Emissions , Energy Transition , Shale Plays

Marcellus Shale Pioneer Launches ‘Responsibly Sourced’ Pilot Project

Marcellus Shale operator Range Resources entered into a pilot program with Project Canary to utilize its Canary X continuous monitoring technology at two pad locations in southwestern Pennsylvania.

June 16, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

Shell’s Potential Permian Basin Exit Seen as Bellwether for Shale Demand

The potential sale of Shell’s Permian holdings, located in Texas, would be a litmus test of whether rivals are willing to bet on shale’s profitability through the energy transition to reduce carbon emissions.

June 16, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

Shell Reportedly Considering Sale of Permian Basin Position

Shell’s Permian Basin position could be worth over $10 billion, according to the sources in a Reuter report.

June 15, 2021

Public Capital , Policy & Regulations , Shale Plays

Op-ed: Biden’s Green Push Delivers Boost to Oil Companies

Oil and gas sector enjoys best first months of an administration under Biden since Roosevelt’s first term in 1933.

June 15, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

Earthstone Adds Eagle Ford to Consolidation Strategy with Acquisition

In the independent energy company’s latest deal, Earthstone Energy agreed to the acquisition of working interests in assets the company operates in the Eagle Ford Shale located from four separate sellers.

June 14, 2021

Public Capital , People , Emissions , Energy Transition

California Resources Names First-ever Chief Sustainability Officer

California Resources expects the appointment of Chris Gould, previously the head of sustainability at Exelon, will help the E&P company reach its sustainability targets set for carbon, methane, water and renewables.

June 14, 2021

Public Capital , People , Shale Plays

Top Executives Exit Chesapeake Energy amid CEO Search

Chesapeake Energy Executive Vice President of E&P Frank Patterson as well as James Webb, general counsel, and William Buergler, senior vice president, agreed to leave the company, a filing said.

June 14, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

Canadian E&P Consolidation Continues with Billion-dollar Montney Merger

Tourmaline Oil’s agreement on June 11 to acquire Montney operator Black Swan Energy continues a trend in the Canadian energy sector, which has seen a flurry of mergers between oil and gas producers within the past year.

June 11, 2021

Public Capital , People , Technology

Ranger CEO Darron Anderson Leaves Company for New Opportunity

Upon the departure of CEO Darron Anderson, the board of directors of Ranger Energy Services appointed Board Chairman Bill Austin to serve as the Houston-based oilfield service company’s interim CEO.

June 11, 2021