Midland Basin

Exploration & Production , Mergers , Acquisitions & Divestitures

For Sale, Again: Oily Northern Midland’s HighPeak Energy

The E&P is looking to hitch a ride on heated, renewed Permian Basin M&A.

March 8, 2024

Acquisitions & Divestitures

Atlas Energy Solutions to Buy Hi-Crush, Consolidating Permian Services

The $450 million deal effectively connects Atlas Energy Solutions’ Delaware Basin logistics and proppant offerings with Hi-Crush’s operations in the Midland Basin.

February 27, 2024

Exploration & Production , Crude Oil

To Dawson: EOG, SM Energy, More Aim to Push Midland Heat Map North

SM Energy joined Birch Operations, EOG Resources and Callon Petroleum in applying the newest D&C intel to areas north of Midland and Martin counties.

February 22, 2024

Acquisitions & Divestitures , Mergers , Shale Plays

Analysts: Diamondback-Endeavor Deal Creates New Permian Super Independent

The tie-up between Diamondback Energy and Endeavor Energy—two of the Permian’s top oil producers—is expected to create a new “super-independent” E&P with a market value north of $50 billion.

February 12, 2024

Acquisitions & Divestitures

Diamondback Energy to Acquire Permian’s Endeavor for $26B

Diamondback Energy will acquire Endeavor Energy in a cash-and-stock agreement that will create a Permian juggernaut with a combined value of more than $52 billion in a merger of near equals.

February 11, 2024

Acquisitions & Divestitures , Joint Ventures

UK’s Union Jack Oil to Expand into the Permian

In addition to its three mineral royalty acquisitions in the Permian, Union Jack Oil is also looking to expand into Oklahoma via joint ventures with Reach Oil & Gas Inc.

January 29, 2024

Gathering & Processing , Exploration & Production , Shale Plays

Exxon-Pioneer Deal Breaks the Mold—Who Else Benefits?

Exxon Mobil's guidance indicates the supermajor intends to step on the gas once it completes the acquisition of Pioneer Natural Resources, which could lead to more investment in midstream infrastructure.

January 16, 2024

Acquisitions & Divestitures , Finance

Behind The Scenes: The Pioneer Exxon Deal from A to XOM

Pioneer was a potential buyer of a mystery E&P before deciding to sell to Exxon Mobil. Between June 22 and Oct. 10, terms of 2023’s largest U.S. oil and gas merger were debated.

January 10, 2024

Acquisitions & Divestitures , Crude Oil

Civitas Resources Closes $2.1 Billion Vencer Energy Deal

Civitas Resources’ acquisition of the Permian Basin’s Vencer Energy will account for half of Civitas’ total production.

January 2, 2024

Shale Plays , Acquisitions & Divestitures , Trends

After Record Year, Permian Basin Set for Even More M&A in 2024

The big have grown bigger and Tier 1 acreage is even pricier in America’s hottest oil basin.

December 28, 2023