More Top Stories in Shale Plays

Shale Plays, Construction, Pipelines

Permian Basin Natural Gas Pipeline Matterhorn Express Reaches FID

“Matterhorn will provide premium market access with superior flexibility for Permian Basin shippers while playing a critical role in minimizing flared volumes,” WhiteWater CEO Christer Rundlof said in a release.

May 23, 2022

Lease Sales

Marketed: Riverdale Oil & Gas III Marcellus Shale Package

Riverdale Oil & Gas III LLC retained EnergyNet for the sale of a Marcellus Shale mineral and royalty package operated by Antero Resources in West Virginia’s Tyler County.

May 23, 2022

DUG Permian, Unconventional, Drilling

Popularity for Longer Laterals Grows in Permian Basin

With inflation playing a sizable role in Permian Basin operators’ spending, longer laterals could be a solution to offsetting inflationary costs, says Rystad’s Cole Wolf.

May 23, 2022

Lease Sales

Marketed: Hoya Energy East Texas Operated Dry Gas Assets

Hoya Energy retained PetroDivest Advisors for the sale of an East Texas operated dry gas opportunity located in Limestone County, Texas.

May 23, 2022

Private Equity, Exploration & Production, Acquisitions & Divestitures

PE-backed Gas Producer Terra Energy Partners Explores $2.5 Billion Sale: Sources

Private equity firms Kayne Anderson Capital Advisors and Warburg Pincus launched an auction process to sell their majority stake in Houston-based Terra Energy Partners earlier this month, sources say.

May 23, 2022

Business, Shale Plays, Mergers

Centennial, Colgate Energy’s $4 Billion Betrothal a Suitable Match

Analysts consider the deal, which addresses Centennial’s inventory concerns while also sparing Colgate Energy from a potentially uphill IPO climb, as a sign of things to come in the Permian Basin.

May 23, 2022

Business, Shale Plays, Transactions

Permian Operators Colgate, Centennial to Combine in $7 Billion Merger

The $7 billion “merger of equals transaction” of Centennial Resource Developement and Colgate Energy will create the largest pure-play E&P company in the Delaware Basin of the Permian.

May 19, 2022

Investment, Shale Plays, Acquisitions & Divestitures

VTX Energy to Spend Billions on Acquisitions as Capital Providers Remain on Sidelines

The flight of capital from the E&P space is among the limiting factors keeping the U.S. from responding to the growing global demand for crude and natural gas, VTX Energy CEO Gene Shepherd told DUG Permian and Eagle Ford attendees.

May 19, 2022

Trends

Energy A&D Transactions from the Week of May 18, 2022

Here’s a snapshot of recent energy deals including Grey Rock’s $1.3 billion business combination with Paul Ryan-backed SPAC plus a $575 million roll-up of Rattler Midstream by Diamondback Energy.

May 18, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 18, 2022)

Here’s a quicklist of oil and gas assets on the market including EOG Resources operated Eagle Ford properties plus Kaiser-Francis operated well package in Divide County, North Dakota.

May 18, 2022