Permian

Pipelines , Business

Matador Completes NatGas Connections in Delaware Basin

Matador Resources completed natural gas pipeline connections between Pronto Midstream to San Mateo Midstream and to Matador’s acreage in the Delaware Basin.

March 25, 2024

Crude Oil , Acquisitions & Divestitures , Shale Plays , CERAWeek

Exxon, Vitol Execs: Marrying Upstream Assets with Global Trading Prowess

Global commodities trading house Vitol likes exposure to the U.S. upstream space—while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.

March 24, 2024

Acquisitions & Divestitures , Trends , Shale Plays , CERAWeek

ConocoPhillips CEO Ryan Lance: Upstream M&A Wave ‘Not Done’ Yet

Dealmaking in the upstream oil and gas industry totaled $234 billion in 2023. The trend shows no signs of slowing, ConocoPhillips CEO Ryan Lance said at the CERAWeek by S&P Global conference.

March 19, 2024

Liquefied Natural Gas (LNG) , Shale Plays , CERAWeek

CERAWeek: CEO Patrick Pouyanné Jokes that Texas is TotalEnergies’ ‘El Dorado’

TotalEnergies CEO Patrick Pouyanné said during CERAWeek by S&P Global that Texas was important for his company, which he jokingly called the French company’s “El Dorado” due to the state’s love for oil, gas and renewables.

March 19, 2024

Shale Plays , Mergers , Trends , CERAWeek

CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps

Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global.

March 18, 2024

Pipelines , Natural Gas , Liquefied Natural Gas (LNG)

Waha NatGas Prices Go Negative

An Enterprise Partners executive said conditions make for a strong LNG export market at an industry lunch on March 14. 

March 14, 2024

Acquisitions & Divestitures , Mergers , Trends

Daugherty: Diamondback Scales Up Amid Consolidation Super Cycle

It’s time for the strongest among the services sector to follow Diamondback's lead: find fortifying prey and hunt.

March 11, 2024

Exploration & Production , Mergers , Acquisitions & Divestitures

For Sale, Again: Oily Northern Midland’s HighPeak Energy

The E&P is looking to hitch a ride on heated, renewed Permian Basin M&A.

March 8, 2024

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.

March 7, 2024

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.

March 6, 2024