More Top Stories in Shale Plays

Report: Permian Resources is Delaware Basin’s Most Undervalued E&P

Raymond James’ E&P analyst John Freeman last delved into the Delaware Basin in 2023. This year, Permian Resources ranked last when comparing market valuation to core, future well locations.

July 7, 2025

FTC Frees EnCap, XCL, Verdun to Do Uinta Basin Deals Again

EnCap Investments and its portfolio companies no longer need to seek Federal Trade Commission approval to make oil and gas deals in the Uinta Basin—a condition imposed during the Biden administration.

July 7, 2025

Oilfield Service Firms Keep Merging to Survive

Faced with shrinking customer bases, rising costs and a slowing market, publicly traded oilfield services firms like SLB, DNOW and DXP are leaning into M&A to gain scale, efficiency and tech advantage.

July 7, 2025

What's Affecting Oil Prices This Week? (July 7, 2025)

With the uncertainty generated by the tariffs and a higher-than-expected increase in supply from OPEC+, for the upcoming week, Stratas Advisors expect that oil prices will be under pressure – and the price of Brent crude could test $66.

July 7, 2025

10 Years Strong: Surge Energy Powers Through the Midland Basin

Ten years since Surge Energy incorporated and took a chance on difficult terrain, the privately held producer sets its sights on organic growth and corporate acquisitions.

July 5, 2025

Kinetik, Energy Transfer Locked in $100MM NGL Legal Dispute

Midstream companies Kinetik and Energy Transfer have been battling for three years over NGL production in the Delaware Basin.

July 5, 2025

Anschutz: Powder River’s Winning Factor? Vast Potential

Anschutz Exploration is avoiding the noise of market uncertainty in the Rockies’ Powder River Basin, operating under CEO Joseph DeDominic’s strategy of working “like you’re going to own it for the life of the well.”

July 3, 2025

Riley Permian Closes Silverback Exploration II Deal

Riley Exploration Permian Inc. said on July 2 it closed on its $142 million deal to buy EnCap Investments-backed Silverback Exploration II LLC.

July 3, 2025

ARC Closes on $1.18B Oil, Gas Acquisition in Alberta

The deal, centered on the Kakwa region in Alberta, follows ARC Resource’s strategy of strengthening its Montney position.

July 2, 2025

Ground Game Report: Prairie, Amplify Find A&D in Down Market

Amid a slowdown in headline-grabbing oil and gas M&A, Prairie Operating and Amplify Energy are staying busy with small-ball acquisitions and timely divestitures.

July 2, 2025