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.

May 22, 2025

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.

May 7, 2025

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.

May 1, 2025

US E&Ps Could Drop Up to 100 Rigs at New Low Oil Price

Private operators are likely to let rigs go first, beginning in the Midcontinent and Powder River Basin, then the Eagle Ford, Bakken and Permian, according to J.P. Morgan Securities.

April 17, 2025

Exclusive: Camino Steps Back from $2B Midcon Sale Process—Sources

NGP-backed Camino Natural Resources, which had reportedly been seeking a $2 billion sale of its Midcontinent assets, has paused marketing the company, sources told Hart Energy.

April 7, 2025

East Daley: Midstream Investors Drawn to Southeast as Demand Heats Up

Competition for gas supply will heat up as demand from data centers and new LNG projects jockey for a spot on takeaway lines.

March 25, 2025

Howard Energy Partners Closes on Deal to Buy Midship Interests

The Midship Pipeline takes natural gas from the SCOOP/STACK plays to the Gulf Coast to feed demand in the Southeast.

February 13, 2025

Enverus: M&A Set to Cool with Smaller Deals, Higher Breakevens

With fewer acquisition targets, Enverus Intelligence Research said the quality of acquired inventory is declining, with breakevens averaging $50/bbl in 2024 versus $45/bbl in 2022 and 2023.

January 21, 2025

Vivakor Expands Crude Gathering Network in Oklahoma STACK

Midstream company Vivakor is building its network following the October acquisition of Endeavor Crude.

November 25, 2024

Orion Acquires SCOOP/STACK Interests, Pursuing Permian Deals

Orion Diversified Holding Co. is pursuing negotiations with several oil companies in the Permian Basin to acquire oil and gas assets, the company’s CEO said.

November 11, 2024