Fortuna Resources CEO says company is doing just fine getting oil out.
Flagship system of Solaris Water Midstream has added new acreage and volume commitments.
The additional minerals investment comes less than a week after EnCap agreed to sell its stake in Phillips Energy Partners to Kimbell Royalty Partners.
Companies operating in the Permian Basin are working to get a better handle on water-related issues as production increases.
The Tulsa-based company plans to pursue a lower-cost project to meet shipper needs in an effort to be more capital efficient, its CEO told investors on a conference call.
Analysts named Diamondback Energy as a top pick among shale producers as a result of its $9.2 billion acquisition of Permian Basin rival Energen last year.
U.S. shale producer Pioneer Natural Resources anticipates a non-cash gain of $576 million on oil and gas hedging contracts for the fourth quarter, according to an SEC filing.
Rystad Energy values QEP Resources’ Midland assets in the Permian Basin at $4 billion, about twice the value of a takeover offer made by activist investor Elliott Management.
API’s CEO Mike Sommers said this generation is defined as “Generation Energy” because of the unprecedented dual achievement of meeting record world energy demand while driving record CO₂ emissions reductions.