Permian
Midstream , Finance
Kinetik Holdings Enters Agreement to Pay Debt
Kinetik Holdings entered an agreement with PNC Bank to pay down outstanding debt.
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.
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.
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.
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.
Shale Plays , Crude Oil , Exploration & Production
Life on the Edge: Surge of Activity Ignites the Northern Midland Basin
Once a company with low outside expectations, Surge Energy is now a premier private producer in one of the world’s top shale plays.
Pipelines , Gathering & Processing
Summit Midstream Launches Double E Pipeline Open Season
The Double E pipeline is set to deliver gas to the Waha Hub before the Matterhorn Express pipeline provides sorely needed takeaway capacity, an analyst said.
Acquisitions & Divestitures , Shale Plays
Kodiak Gas Services Closes $850MM Deal for CSI Compressco
Kodiak Gas Services’ acquisition of CSI Compressco was financed as an all-equity transaction valued at approximately $854 million, including assumption of $619 million in debt.
Midstream , Liquefied Natural Gas (LNG) , Natural Gas liquids (NGL) , Crude Oil , Infrastructure , Energy Storage , Hydrogen , Shale Plays , Acquisitions & Divestitures , Mergers , Storage , Construction , Pipelines
Kinder Morgan Exec: Don’t Count Out Midstream in M&A Frenzy
Kinder Morgan’s Allen Fore said 2024 should be an ‘interesting’ year in M&A during a discussion at DUG GAS+ Conference and Expo.
Acquisitions & Divestitures , Shale Plays
APA Closes $4.5B Callon Deal, Deepening Permian Roots
About two-thirds of Apache’s daily production will come from the Permian Basin after APA Corp. completed its $4.5 billion takeout of Callon Petroleum.