The Latest

As Upstream M&A Settles, Oilfield Services Gear Up for More Deals

Within the first nine months of 2024, oilfield services dealmaking hit $19.7 billion—the highest since 2018, according to Deloitte.

US Drillers Add Oil, Gas Rigs for First Time in 8 Weeks

The oil and gas rig count rose by seven to 589 in the week to Dec. 6, its highest since mid-September. 

Kolibri CEO Expects Tishomingo Well Pad to be 'More Economic'

Kolibri Global Energy Inc., an operator in the Tishomingo Field in Oklahoma, reported strong performance at its Alicia Renee well pad.

Pickering: Will Improving Drilling Efficiencies Outrun Inventory-led M&A?

Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners.

Surge Energy Balancing M&A Hunt with Testing Midland’s Shallow Zones

Surge Energy’s Travis Guidry discusses the potential for $1.3 billion in Permian Basin M&A and the company’s quest to grow inventory organically.

Woodside Pushes Louisiana LNG Project Forward with Bechtel Contract

Woodside Energy signed a revised engineering, procurement and construction contract with Bechtel, which had already performed work on the project when it was still owned by Tellurian.

CNX’s $505MM Bolt-On Adds Marcellus, Deep Utica in Pennsylvania

CNX Resources CEO Nick Deluliis said the deal to buy Apex Energy underscores CNX’s confidence in the stacked pay development opportunities unlocked in the deep Utica.

Aris Water Solutions’ Answers to Permian’s Produced Water Problem

Aris Water Solutions has some answers to one of the Permian’s biggest headwinds—produced water management—but there’s still a ways to go, said CEO Amanda Brock at the DUG Executive Oil Conference & Expo.

Q&A: How EthosEnergy Keeps the Oil and Gas World Spinning

EthosEnergy CEO Ana Amicarella says power demands and tools are evolving onshore and offshore and for LNG and AI.

SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board

SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.