Permian

Natural Gas , Crude Oil

Permian NatGas Hits 15-month Low as Negative Prices Linger

Prices at the Waha Hub in West Texas closed at negative $2.99/MMBtu on April 15, its lowest since December 2022.

April 16, 2024

Energy Industry Conferences , Acquisitions & Divestitures , Trends , Markets

RBC: Minerals, E&P Stocks Wooing Back Generalist Investors

Public mineral and royalty companies have performed well in the markets, and investors are taking notice. But experts say mineral and royalties stocks still have a long way to go to compete for generalist investor capital.

April 16, 2024

Acquisitions & Divestitures , Service & Supply

The JF Petroleum Group Acquires General Contractor GE Goodson Service

Following the transaction, GE Goodson will operate as The JF Petroleum Group’s Midland branch on a go-forward basis.

April 15, 2024

Lease Sales

Marketed: Foundation Energy 162 Well Package in Permian Basin

Foundation Energy Fund V-A has retained EnergyNet for the sale of a 162 Permian Basin opportunity well package in Eddy and Lea counties, New Mexico and Howard County, Texas.

April 12, 2024

Dividends/Buybacks

Riley Permian Announces Quarterly Dividend

Riley Exploration Permian’s dividend is payable May 9 to stockholders of record by April 25.

April 11, 2024

Exploration & Production , Shale Plays , Acquisitions & Divestitures

CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett

Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.

April 11, 2024

Acquisitions & Divestitures , Shale Plays , Liquefied Natural Gas (LNG) , DUG Haynesville , Hart Energy Exclusive

Exclusive: Rockcliff CEO on $2.7B TGNR Deal, Value of Haynesville M&A

Rockcliff Energy CEO and President Alan Smith discusses the ups and downs of executing the transaction with TG Natural Resources and what's on the Rockcliff III radar, in this Hart Energy Exclusive interview.

April 10, 2024

Lease Sales

Marketed: Rock Oil Holdings Mineral, Royalty Opportunity in Midland Basin

Rock Oil Holdings has retained PetroDivest Advisors for the sale of a mineral and royalty opportunity in Howard County, Midland Basin.

April 9, 2024

Emissions , Technology , Methane , CERAWeek

Exclusive: Scepter CEO: Methane Emissions Detection Saves on Cost

Methane emissions detection saves on cost and "can pay for itself," Scepter CEO Phillip Father says in this Hart Energy exclusive interview.

April 8, 2024

Field Development , Emissions

Diamondback May Go Nuclear to Power Permian Basin Ops

Oklo Inc., a California fission power plant developer, on April 8 said it signed a letter of intent to collaborate with Diamondback Energy on implementation of nuclear energy for drilling operations in the Permian Basin.

April 8, 2024