Acquisitions & Divestitures , Mergers , Shale Plays

Vital Energy Rapidly Grows in Permian with Slew of Deals

Rebranded Vital focuses on proven strategy of buying up smaller private producers under the radar.

December 4, 2023

Acquisitions & Divestitures , The OGInterview , Mergers , Shale Plays

Buy and Buy: Vital Energy's M&A Strategy for the Permian

Vital Energy’s rapid growth in the Permian Basin stems from CEO Jason Pigott’s strategy of acquiring smaller private producers—one after the other.

December 4, 2023

Investment , Earnings , Exploration & Production , Energy Industry Conferences

Bryan Sheffield: Asset Sellers Need Bid/Ask Therapy

Advisers need to sharpen their pencils at the negotiation table, E&P operator Bryan Sheffield said — because “all you're going to do is upset your seller by promising a market that isn't there. No one's going to pay you.”

December 1, 2023

Pipelines , Construction

Enbridge Weighs Open Season for Permian Crude Pipeline

Enbridge would gauge demand for increased capacity for exports at Ingleside, Texas.

November 29, 2023

Lease Sales

Marketed: Providence Energy Partners Non- operated WI in Delaware Basin

Providence Energy Partners II LP and Providence Energy Partners III LP has retained RedOaks Energy Advisors for the sale of a certain non-operated WI in the Delaware Basin.

November 29, 2023

Lease Sales

Marketed: Longreach Alternatives Operated Oil, Gas Assets in Andrews County

Longreach Alternatives (LRA) has retained Detring Energy Advisors for the sale of its operated oil and gas assets in Andrews County in the northern Midland Basin.

November 29, 2023

Natural Gas , Emissions , Business , Executive Oil Conference

Tackling Methane Emissions: Triple Crown’s Secret to Success

Triple Crown Resources, the private Permian Basin operator, is cutting methane emissions and delivering returns.

November 29, 2023

Shale Plays , Energy Industry Conferences

Enverus: E&Ps Eye Deeper, Fringier Targets as Permian Basin Matures

As the core of the Permian Basin gets drilled up, E&Ps see years of upside from fringier acreage and unproven targets deeper underground. But these targets will be more expensive to develop, experts say.

November 27, 2023

Shale Plays , Acquisitions & Divestitures , Mergers , Executive Oil Conference

Post-Earthstone Deal, Permian Resources Switches Up M&A Strategy

E&P Permian Resources will shift to smaller-scale deals to add value as opportunities to consolidate in the Midland and Delaware basins shrink.

November 22, 2023

Rig Counts , Unconventional , Executive Oil Conference

ProPetro CEO: Next-gen Equipment Demand High Despite Market Headwinds

As the oilfield service market faces headwinds from consolidation and a dwindling rig count, ProPetro CEO Sam Sledge sees Permian Basin demand picking up for next-generation equipment.

November 21, 2023