Lease Sales

Marketed: Kimmeridge Energy Royalty Sale, Permian Basin, Eagle Ford

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.

January 11, 2022

Unconventional , Field Development , Shale Plays , Midstream

Shale 2022: Long-term Planning Paying Off for Midstream Operators

By staying the course, midstream operators with assets in top U.S. shale plays are not only surviving but thriving as 2022 unfolds. 

January 11, 2022

Emissions , Energy Transition , Shale Plays , Midstream

Lucid to Develop Largest CCS Project in the Permian Basin

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.

January 11, 2022

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

Targa Resources Strikes $925 Million Deal with Stonepeak

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.

January 11, 2022

Shale Plays , Acquisitions & Divestitures , Mergers , Gathering & Processing

Enterprise Surprises Market with $3.25 Billion Cash Acquisition of Navitas Midstream

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.

January 10, 2022

Business , Exploration & Production , Energy Transition

Shrink to Fit: The Year Big Oil Starts to Become Small Oil

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.

January 10, 2022

Public Capital , Shale Plays

Coterra Energy CEO Tom Jorden Says Increase in Shale Spending Unlikely

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.

January 7, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

UpCurve II Completes Initial Acquisition in Delaware Basin

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.

January 7, 2022

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Jan. 7, 2022)

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.

January 7, 2022

Policy & Regulations , Shale Plays , Water Management , Midstream

Top Texas Shale Producers Hit by Quake-driven Well Disposal Closures: Report

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.

January 6, 2022