Midland Basin

Completions , Pressure Pumping

Certarus Enters Permian Flare Gas Capture Agreement With Supermajor

Certarus Ltd. has entered into a flare gas capture and compressed natural gas supply agreement on Aug. 19 with a multinational American energy supermajor to service its electric hydraulic fracturing operations in the Delaware and Midland basins.

August 20, 2019

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Earthstone Energy CEO Actively Looking To Be Permian Consolidator

Earthstone Energy CEO Frank Lodzinski urged attendees of a recent industry luncheon in downtown Houston to “bring us deals” as the company looks to continue its growth story.

August 20, 2019

Trends

A&D Transactions From The Week Of Aug. 14, 2019

Here’s a snapshot of energy deals from the past week including the closing of Occidental’s $55 billion takeover of Anadarko Petroleum and Qatar’s $550 million buy-in of Permian midstream.

August 14, 2019

Crude Oil , Shale Plays , Construction , Pipelines

New Pipelines Poised To Start Price War For Shale Shippers

Bargain rates are expected to help oil producers.

August 9, 2019

Shale Plays , Pipelines

Drillinginfo: Takeaway Relief On The Way In Permian

With more big pipeline projects set to come online later this year and into 2021, the latest Drillinginfo report presents a rosier outlook for long-haul takeaway capacity.

August 9, 2019

Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures

Pioneer Takes Aim At High-Grading Prized Permian Basin Position

Pioneer Natural Resources recently divested a small slice of its acreage position in the Midland Basin, which CEO Scott Sheffield said will be the lone survivor of the U.S. shale boom.

August 8, 2019

Trends

A&D Transactions From The Week Of Aug. 7, 2019

Here’s a snapshot of energy deals from the past week including Occidental’s $1.5 billion Permian Basin JV and a $700 million dropdown deal from Diamondback Energy.

August 7, 2019

Crude Oil , Construction , Pipelines

WTI Midland Crude Returns To Positive Territory

Traders react to expectations that Plains All American’s Cactus II pipeline will be in service soon.

August 6, 2019

Exploration & Production , Shale Plays , Acquisitions & Divestitures , Trends

US E&P A&D Deal List (First-Half 2019)

The Occidental-Anadarko takeover plus the completion of Encana and Chesapeake’s multibillion-dollar mergers top our list of upstream deal-making from the first half of 2019.

August 5, 2019

Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures , Joint Ventures

Occidental Forms $1.5 Billion Permian Basin JV With Ecopetrol

Nearing completion of its takeover of rival Anadarko, Occidental formed the JV with Colombia’s Ecopetrol to accelerate development in the Midland Basin.

July 31, 2019