Delaware Basin

Construction , Natural Gas , Pipelines , Gathering & Processing , Storage

Howard Energy Partners Complete $800MM in Expansion Projects

Howard Energy Partners said they’ve achieved record volumes this year with the company’s current natural gas average throughput of over 2.5 Bcf/d and current average terminalling throughput of over 160,000 bbl/d.

December 13, 2023

Acquisitions & Divestitures , Shale Plays , Earnings

Which Occidental Assets Will Hit Chopping Block After $12B CrownRock Deal?

After weeks of market speculation, Occidental announced plans to acquire private E&P CrownRock LP for $12 billion, adding core Midland Basin inventory and more upside from deeper zones underground.

December 11, 2023

Acquisitions & Divestitures , Crude Oil , Exploration & Production

Freehold Royalties to Acquire Permian Basin Interests for $82MM

Freehold Royalties will acquire mineral and royalty interests from two private sellers in the Midland and Delaware basins, the company said.

December 11, 2023

Acquisitions & Divestitures

ProPetro Acquires Permian Cementing Business Par Five Energy

Par Five Energy Services will be integrated within ProPetro Holding’s existing cementing team and operating team and brand.

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

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

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

Shale Plays , Acquisitions & Divestitures , Mergers

NOG Enters Ohio Utica Shale, Adds Permian with $174MM in M&A

Non-op specialist Northern Oil & Gas is entering the Ohio Utica Shale and expanding its position in the northern Delaware Basin with approximately $174 million in M&A.

November 21, 2023

Trends , Executive Oil Conference , Acquisitions & Divestitures , Hart Energy Exclusive

The Permian’s Next M&A Hotspot May be the Delaware [WATCH]

After nine months of Permian Basin M&A ranging from private buyouts to major mergers, Wood Mackenzie’s Ryan Duman discusses what’s next for dealmakers in the basin.

November 17, 2023