Permian
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.
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.
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.”
Pipelines , Construction
Enbridge Weighs Open Season for Permian Crude Pipeline
Enbridge would gauge demand for increased capacity for exports at Ingleside, Texas.
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.
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.
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.
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.
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.
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.