Permian
Joint Ventures , Crude Oil
Ecopetrol, Occidental Permian JV Generating Positive Results
Ecopetrol SA's joint venture with Occidental Petroleum in the Permian continues to generate outstanding operational and financial results for the Colombian state-owned energy giant.
Natural Gas , Crude Oil
Sempra Targets Summer 2025 for Commercial Start of ECA LNG Phase 1
Sempra is targeting the summer of 2025 as the commercial operations date for its 3.25 mtpa (0.43 Bcf/d) nameplate capacity Energía Costa Azul LNG Phase 1 project, located in Ensenada in Baja California, Mexico.
Business , Mergers
JMR Services, A-Plus P&A to Merge Companies
The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
Natural Gas , Rig Counts
Turning Down the Volumes: EQT Latest E&P to Retreat from Painful NatGas Prices
Despite moves by EQT, Chesapeake and other gassy E&Ps, natural gas prices will likely remain in a funk for at least the next quarter, analysts said.
Natural Gas , NAPE , Hart Energy Exclusive
Exclusive: Despite Uncertainty, NatGas Balances Out
McKinsey and Co.'s Luciano Di Fiori says the natural gas market is capable of balancing itself out—despite LNG permit approval pauses, midstream constraints and dependence on oil production—in this Hart Energy LIVE Exclusive interview with Editorial Director Jordan Blum.
Acquisitions & Divestitures
Sitio Royalties Dives Deeper in D-J with $150MM Acquisition
Sitio Royalties is deepening its roots in the D-J Basin with a $150 million acquisition—citing regulatory certainty over future development activity in Colorado.
Acquisitions & Divestitures
Civitas, Prioritizing Permian, Jettisons Non-core Colorado Assets
After plowing nearly $7 billion into Permian Basin M&A last year, Civitas Resources is selling off non-core acreage from its legacy position in Colorado as part of a $300 million divestiture goal.
Acquisitions & Divestitures
Atlas Energy Solutions to Buy Hi-Crush, Consolidating Permian Services
The $450 million deal effectively connects Atlas Energy Solutions’ Delaware Basin logistics and proppant offerings with Hi-Crush’s operations in the Midland Basin.
Acquisitions & Divestitures , Shale Plays , Crude Oil
Matador Bolts On Additional Interest from Advance Energy Partners
Matador Resources carved out additional mineral and royalty interests on the acreage it acquired from Advance Energy Partners for $1.6 billion last year.
Acquisitions & Divestitures , Earnings , Crude Oil
Continental Resources Makes $1B in M&A Moves—But Where?
Continental Resources added acreage in Oklahoma’s Anadarko Basin, but precisely where else it bought and sold is a little more complicated.