Kimmeridge Energy Management Co. LLC retained TenOaks Energy Advisors for the sale of a sizable royalty position located in the Permian Basin and Eagle Ford Shale.
By staying the course, midstream operators with assets in top U.S. shale plays are not only surviving but thriving as 2022 unfolds.
Lucid Energy Group received EPA approval on Jan. 11 for its plan for the sequestering of CO₂ from its Red Hills gas processing complex in New Mexico’s Lea County.
The repurchase of interests in its development company joint ventures with Stonepeak had previously been discussed during Targa Resources’ third-quarter earnings call last November.
Enterprise’s agreement to acquire Warburg-backed Navitas comes as a surprise, analysts say, given Enterprise’s recent capital discussions and messaged preference for downstream.
Unlike any other time in their history, BP, Royal Dutch Shell, TotalEnergies, Equinor and Italy's Eni are focusing on returning as much cash as possible to shareholders.
Tom Jorden, CEO and president of Coterra Energy, is bullish on oil and natural gas prices, but said his company would concentrate on shareholder returns, including an ordinary and variable dividend.
UpCurve Energy currently operates a leasehold position of 12,000 net acres in the core of the southern Delaware Basin, producing 12,000 boe/d.
The Permian Basin tops this week’s oil and gas drilling activity highlights from around the world including a Third Bone Spring Sand wildcat completion by an affiliate of ConocoPhillips and a Yoakum County, Texas, San Andres producer.
ConocoPhillips, Diamondback, NGL Energy Partners, Coterra and Chevron have disposal wells in areas where the Texas Railroad Commission is shutting deep injection wells or is likely to reduce disposal volumes.