The cost of supply for North American shale producers is expected to continue rising, according to a recent analysis by Enverus Intelligence Research.
Lab tests show that 90% of oil is still left in rock that’s drilled.
Benchmark Energy II is acquiring Revolution Resources just over four years after Revolution bought out Jones Energy Inc.’s Midcontinent portfolio.
ONEOK’s Saguaro Connector Pipeline will transport U.S. gas to Mexico Pacific’s Saguaro LNG project.
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.
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.
A private seller retained RedOaks Energy Advisors for the sale of certain royalty properties in the D-J Basin.
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.
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.
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.