This is your Hart Energy A&D Minute with Jordan Soto and powered by A&D Strategies and Opportunities Conference.
With nine deals and 10% more acreage since the start of 2022, Ranger Oil President and CEO Darrin Henke thinks Eagle Ford consolidation is inevitable—see why in an exclusive conversation with Oil and Gas Investor Senior Editor Darren Barbee.
Next, SilverBow Resources’ $50 million acquisition provides a new position in the dry gas Dorado play in Webb County, Texas, which CEO Sean Woolverton said leverages the company’s “long-standing relationships in the area and our basin-specific expertise.”
And U.S. Energy Development Corp. recently acquired three separate asset packages totaling more than $60 million in the core of the Delaware Basin which, according to Chairman and CEO Jordan Jayson, should add approximately $100 million of new production online by the end of 2022.
This Hart Energy A&D Minute is powered by A&D Strategies and Opportunities Conference on Oct. 26 in Dallas. Watch new A&D Minute episodes every Wednesday, and don’t forget to sign up for our A&D Watch newsletter at HartEnergy.com/newsletters/ad-watch.
2022-09-26 - An employee of Axis Energy Services was killed in an accident at Exxon Mobil's East Texas oil drilling facility on Sept. 20.
2022-09-27 - Launched earlier this month, the sale comes after Shell and Exxon Mobil ran initial sales processes for their British and Dutch assets.
2022-08-08 - Though recent operational growth in Papua New Guinea has slowed, potential remains for further project development from PNG operators Exxon Mobil and TotalEnergies.
2022-09-26 - The Groningen Field, operated by a joint venture of Shell and Exxon Mobil, still holds massive reserves of natural gas.
2022-08-05 - Equinor plans to electrify its Rosebank oil and gas field project, an uncommon approach to offshore projects in the British North Sea.