Deep Potential: Permian Woodford Delivers as Exxon, Mewbourne Join In
Oklahoma’s finest Woodford Shale developers are applying their learnings to the Permian Basin, where exploration of the deep bench is in its earliest innings.
Orion Buys Oklahoma SCOOP/STACK Royalty Interests
Orion Diversified Holding Co. closed on its second deal in May and now holds 53,160 mineral acres in various plays including the Bakken, Eagle Ford Shale, SCOOP/STACK and Permian Basin.
E&P Highlights: May 19, 2025
Here’s a roundup of the latest E&P headlines, from a new oil discovery offshore Brazil to Libya’s latest upstream licensing round.
US Energy M&A Shifts Gassier into Appalachia, Midcon as Oil Slips
U.S. upstream M&A activity reached $2.3 billion in April, defying a sharp 12% collapse in oil prices. Natural gas-driven deals led the way, including EQT’s $1.8 billion Olympus Energy acquisition.
WhiteHawk Buys PHX Minerals for $187MM, Expands into Midcontinent
PHX Minerals agreed to sell to WhiteHawk Energy for $187 million, expanding WhiteHawk’s natural gas portfolio in the Haynesville Shale and Midcontinent.
Post Oak’s Permian Roots Grow Deeper with $480MM in ’24 Minerals M&A
Post Oak Energy Capital was early to invest in M&R as a standalone asset class. Today, it manages 85,000 net royalty acres.
Kolibri Global Energy Drilling Oklahoma Wells 25% Faster
Kolibri Global Energy Inc. drilled 1.5-mile lateral wells in the Oklahoma SCOOP's Lovina Field in less than 10.5 days on average, down from 14 days for earlier wells.
What’s Next for the US as an Apex Hydrocarbon Producer?
Expect more company integration and more investor attention to data centers and LNG terminals in the U.S. hydrocarbon space, says East Daley Analytics.
Orion Acquires Interests in Oklahoma, Colorado and Arkansas
Orion, which holds 53,000 mineral acres in the Bakken, Permian Basin and other shale plays, said it’s also considering re-entering its Eagle Ford Shale assets.
Riverbend Deals Build Delaware, Williston Non-Op Portfolio
Riverbend Energy Group continues to rebuild a non-operated portfolio in the Delaware and Williston basins.