Permian

Lease Sales

Marketed: Rock Oil Holdings Mineral, Royalty Opportunity in Midland Basin

Rock Oil Holdings has retained PetroDivest Advisors for the sale of a mineral and royalty opportunity in Howard County, Midland Basin.

April 9, 2024

Emissions , Technology , Methane , CERAWeek

Exclusive: Scepter CEO: Methane Emissions Detection Saves on Cost

Methane emissions detection saves on cost and "can pay for itself," Scepter CEO Phillip Father says in this Hart Energy exclusive interview.

April 8, 2024

Field Development , Emissions

Diamondback May Go Nuclear to Power Permian Basin Ops

Oklo Inc., a California fission power plant developer, on April 8 said it signed a letter of intent to collaborate with Diamondback Energy on implementation of nuclear energy for drilling operations in the Permian Basin.

April 8, 2024

Shale Plays , Exploration & Production , Acquisitions & Divestitures , Crude Oil

Mighty Midland Still Beckons Dealmakers

The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin's core, following a historic consolidation trend.

April 5, 2024

Liquefied Natural Gas (LNG) , Natural Gas

Mexico Pacific FID Imminent for Saguaro LNG Trains 1 and 2

Mexico Pacific Ltd. is close to taking an initial final investment decision for the first two trains at its Saguaro Energía LNG facility in Sonora, Mexico, which will source feed gas from the Permian Basin.

April 4, 2024

Midstream , Finance

Kinetik Holdings Enters Agreement to Pay Debt

Kinetik Holdings entered an agreement with PNC Bank to pay down outstanding debt.

April 4, 2024

Earnings , Shale Plays , Rig Counts , Field Development

E&P Earnings Season Proves Up Stronger Efficiencies, Profits

The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.

April 4, 2024

Acquisitions & Divestitures , Natural Gas , Crude Oil , DUG Haynesville

The Answer to Curbing Permian Associated Gas? More M&A

Consolidation will result in less oil production, and therefore less associated gas, as fewer wells are produced, an energy analyst says.

April 3, 2024

Natural Gas , Natural Gas liquids (NGL) , Field Development

Enterprise Increasing Permian NatGas Production

Enterprise Products Partners began service on two natural gas plants: the Leonidas in the Midland Basin and the Mentone 3 in the Delaware Basin, each with a capacity to process 300 MMcf/d of natural gas and 40,000 bbl/d of NGLs.

April 3, 2024

Shale Plays , Acquisitions & Divestitures

Mesa III Reloads in Haynesville with Mineral, Royalty Acquisition

After Mesa II sold its Haynesville Shale portfolio to Franco-Nevada for $125 million late last year, Mesa Royalties III is jumping back into Louisiana and East Texas, as well as the Permian Basin.

April 3, 2024