More Top Stories in Shale Plays

Acquisitions & Divestitures

Benchmark Buys Revolution Resources’ Anadarko Assets in $145MM Deal

Benchmark Energy II is acquiring Revolution Resources just over four years after Revolution bought out Jones Energy Inc.’s Midcontinent portfolio.

February 20, 2024

Pipelines, Construction, Policy & Regulations

FERC Approves ONEOK Pipeline Segment Connecting Permian to Mexico

ONEOK’s Saguaro Connector Pipeline will transport U.S. gas to Mexico Pacific’s Saguaro LNG project.

February 16, 2024

Field Development, Rig Counts, Earnings, Enhanced Oil Recovery, Shale Plays

Comstock Continues Wildcatting, Drops Two Legacy Haynesville Rigs

The operator is dropping two of five rigs in its legacy East Texas and northwestern Louisiana play and continuing two north of Houston.

February 15, 2024

Acquisitions & Divestitures, Shale Plays, Natural Gas, Liquefied Natural Gas (LNG)

EQT Ups Stake in Appalachia Gas Gathering Assets for $205MM

EQT Corp. inked upstream and midstream M&A in the fourth quarter—and the Appalachia gas giant is looking to ink more deals this year.

February 14, 2024


Matador Resources Declares Quarterly Dividend

Matador Resources will pay a $0.20 dividend on March 13 to shareholders of record by Feb. 23.

February 14, 2024

Joint Ventures, Petrochemicals

Diamondback, Verde Plan Converting Permian Natgas to Gasoline

Diamondback Energy subsidiary Cottonmouth Venture LLC has entered into a joint development agreement with Verde Clean Fuels to build a natural gas-to-gasoline facility in the Permian Basin.

February 13, 2024

Lease Sales

Marketed: Private Seller Certain Royalty Properties in D-J Basin

A private seller retained RedOaks Energy Advisors for the sale of certain royalty properties in the D-J Basin.

February 13, 2024

Acquisitions & Divestitures, Mergers, Shale Plays

Analysts: Diamondback-Endeavor Deal Creates New Permian Super Independent

The tie-up between Diamondback Energy and Endeavor Energy—two of the Permian’s top oil producers—is expected to create a new “super-independent” E&P with a market value north of $50 billion.

February 12, 2024

Acquisitions & Divestitures, Shale Plays, Natural Gas

Which Haynesville E&Ps Might Bid for Tellurian’s Upstream Assets?

As Haynesville E&Ps look to add scale and get ahead of growing LNG export capacity, Tellurian’s Louisiana assets are expected to fetch strong competition, according to Energy Advisors Group.

February 12, 2024

Acquisitions & Divestitures

Diamondback Energy to Acquire Permian’s Endeavor for $26B

Diamondback Energy will acquire Endeavor Energy in a cash-and-stock agreement that will create a Permian juggernaut with a combined value of more than $52 billion in a merger of near equals.

February 11, 2024