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BlackBrush Oil & Gas Explores South Texas Asset Sale: Sources
2022-07-06 - The baseline valuation of BlackBrush's production in the Eagle Ford would be around $430 million, although BlackBrush may seek a sale price in the “high hundreds of millions of dollars” to account for substantial undeveloped acreage in the area, sources said.
Argentina Announces Tender to Build New Vaca Muerta Pipeline
2022-06-06 - Argentina launched a tender process to build a 563 km-long gas pipeline connecting the provinces of Neuquen and Salliquello, which is expected to increase current transport capacity by 25%.
Argentina Signs Deal with Tenaris to Move Gas from Vaca Muerta
2022-06-17 - Energia Argentina and Tenaris signed a contract to complete a pipeline that will transfer natural gas from the Vaca Muerta shale formation, allowing Argentina to forgo costly LNG imports.
Exxon Mobil to Sell Barnett Shale Assets for $750 Million
2022-05-19 - The transaction supports the oil major's corporate strategy to prioritize investments on advantaged assets with lowest cost of supply.
Plains All American Raises 2022 Profit Forecast as Permian Ramps Up
2022-05-05 - Plains said it added an additional 45,000 barrels a day of contracted short-term volumes to its Permian long-haul pipelines.