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.
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.
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.
Crude Oil , Shale Plays , Construction , Pipelines
New Pipelines Poised To Start Price War For Shale Shippers
Bargain rates are expected to help oil producers.
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.
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.
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.
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.
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.
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.