Midland Basin
![Exclusive: Proactivity Towards Methane Reduction, Environmental Education [WATCH]](/sites/default/files/styles/featurable_list_image/public/image/2023/11/exclusive-proactivity-towards-methane-reduction-environmental-education.jpg?itok=hv5x5e-u)
Executive Oil Conference , Methane , Emissions
Exclusive: Proactivity Towards Methane Reduction [WATCH]
Steve Pruett, president and CEO at Elevation Resources and chairman at IPAA, highlights methane emission problems in the Permian and steps to maintain the environment in this Hart Energy LIVE Exclusive Interview.
Mergers , Earnings
Permian Resources Finds ‘Unique Value Prop’ in Small-ball M&A
Permian Resources isn’t ruling out more large-scale M&A after closing a $4.5 billion acquisition earlier this month, but the growing E&P sees multiple opportunities for small-scale bolt-ons in the Delaware Basin.
Lease Sales
Marketed: Winn Resources Operated Midland Basin Opportunity
Winn Resources LLC retained RedOaks Energy Advisors for the sale of certain operated working interest properties in Midland County, Texas.
Pipelines , Natural Gas liquids (NGL)
Enterprise Focuses on NGL in Permian with $3.1B in Projects
Enterprise Products announced a gas-related network expansion, while Marathon Petroleum’s MPLX midstream company continues its Midland Basin pipeline development.
Acquisitions & Divestitures , Shale Plays , Earnings
Exxon Seeks Drilling Efficiencies, Lower Costs on Pioneer’s Midland Acreage
Exxon Mobil has fine-tuned a cube development strategy on its lower-quality Midland Basin acreage. The supermajor sees nothing but upside from deploying its strategy on Pioneer Natural Resources’ premier Midland position.
Acquisitions & Divestitures , Shale Plays , Earnings
Northern Oil and Gas A&D Gains Traction through Permian ‘Ground Game’
Northern Oil and Gas picked up more wells and acreage in the third quarter and upped its capex as, so far this year, the company cobbled together nearly 30 net locations through 31 transactions.
Shale Plays , Energy Transition , Emissions , Mergers
More Consolidation Could Increase Focus on Emissions Reduction
‘Consolidation is going to translate to probably more intensive efforts around low carbon,’ Pickering Energy Partners founder says in the wake of Exxon Mobil's massive acquisition of Pioneer Natural Resources.
CCS/CCUS , Lease Sales
Milestone Carbon Announces Second Land Agreement for CCS
Milestone Carbon is leasing 22,000 acres of land and pore space from Texas Pacific Land Corp. in the Permian Basin for the geologic sequestration of CO2.
Acquisitions & Divestitures , Shale Plays , A&D Strategies and Opportunities
CEO: Vital Energy Sees ‘A Lot More Opportunity’ for Permian M&A
Vital Energy has pumped nearly $2 billion into Permian Basin acquisitions this year. To continue growing Vital’s oil weighting and inventory, CEO Jason Pigott sees opportunity for more deals.
Acquisitions & Divestitures , Acreage Maps
Exxon Bringing Longer Laterals, New Tech to Pioneer Acreage
With a $60 billion acquisition of Pioneer Natural Resources, Exxon plans to deploy its fine-tuned Delaware Basin drilling strategy into the heart of the Midland Basin, executives say.