More Top Stories in Shale Plays

Crude Oil, Shale Plays, Midstream, Pipelines

Pipeline Operator Magellan Says Permian Crude Flows to Houston Will Rise

A surge in U.S. oil exports has pushed more and more barrels of crude from the Permian basin of West Texas and New Mexico to the port of Corpus Christi, the top U.S. oil export hub.

February 2, 2023

Shale Plays, Transactions, Acquisitions & Divestitures

Elk Range Closes Acquisition of Tower Rock’s Permian Royalty Interests

Elk Range Royalties acquired approximately 2,300 net royalty acres in the Permian Basin from Tower Rock Oil and Gas.

February 2, 2023

Exploration & Production, Energy Transition, Storage, Gathering & Processing

Western Midstream Details Carbon-Management Initiative with Occidental

Analysts note that midstream operators of all sizes may have opportunities in CCUS.

February 2, 2023

Investment, Exploration & Production, Acquisitions & Divestitures

Devon Energy CEO Rick Muncrief Shares Secrets of Successful A&D

Devon Energy’s chief executive revealed the formula that made the firm’s merger with WPX Energy work. 

February 2, 2023

Public Capital

Magnolia Oil and Gas Announces 15% Increase to Quarterly Dividend

Magnolia Oil and Gas Corp.’s shareholder distribution increase reflects the company’s efforts to maximize shareholder returns.

February 1, 2023

Acquisitions & Divestitures, Trends, Mergers

A&D Minute: Did HighPeak Announce the Next Deal of the Year? [WATCH]

Also in this week's A&D Minute: Matador Resources' Delaware Basin acquisition was the largest of the year so far at $1.6 billion, plus see how small- and mid-sized companies are sizing up against large E&Ps.

February 1, 2023

Transactions, Acquisitions & Divestitures, Mergers, Joint Ventures

Energy A&D Transactions from the Week of Feb. 1, 2023

Here’s a snapshot of recent energy deals including Diamondback Energy completing its $1.55 billion deal to acquire Midland Basin acreage and E&P Arena Energy LLC closing its acquisition of Cox Operating LLC's interests in the Eugene Island 330 and South Marsh 128 oil blocks.

February 1, 2023

Acquisitions & Divestitures

Japan's Inpex Quits US Tight Oil Development

Inpex has held assets in the Eagle Ford shale since 2019 but has sold them to Spanish energy company Repsol.

February 1, 2023

Crude Oil, Acquisitions & Divestitures

Alliance Resources’ Permian Royalty Acquisitions Set to Total More Than $150 Million

Alliance Resources said Jan. 30 it will purchase Permian oil and gas interests for $72.3 million on the heels of closing a separate $81 million deal.

February 1, 2023

Markets, Crude Oil

US Crude Exports to China Hit 5-Month High

Cargoes of U.S. light sweet crude bound for China rose last month to about 187,000 bbl/d, the highest since August, said Matt Smith, lead oil analyst for the Americas at data and analytics firm Kpler.

February 1, 2023