Elk Range Acquires Permian, Eagle Ford Minerals and Royalties

Elk Range Royalties is purchasing the mineral and royalty interests of Newton Financial Corp., Concord Oil Co. and Mission Oil Co.

January 29, 2025

After Big, Oily M&A Year, Upstream E&Ps, Majors May Chase Gas Deals

Upstream M&A hit a high of $105 billion in 2024 even as deal values declined in the fourth quarter with just $9.6 billion in announced transactions.

January 29, 2025

Fatal Texas Oilfield Accident Leaves One Dead, Two Injured

One man was killed and two others were injured at an oilfield in Texas on Jan. 29 where ProPetro Services was conducting fracking operations at a well site owned by Permian Resources Corp.

January 29, 2025

Hirs: Investing for 2025—Growth by Acquisition

Fundamentals will push against increased production and a buyers’ market will rule.

January 29, 2025

Haslam Family Office: ‘We Need Hydrocarbons’

The managing director of HF Capital—the office for Tennessee's Haslam family—says that as long as oil, gas and other energy sources are lacking capital, there’s an investment opportunity.

January 28, 2025

NatGas Prices, E&Ps Take a Hit from DeepSeeking Missile

E&Ps such as Expand Energy and EQT Corp. saw share prices drop on news of less power-intensive AI, but analysts predict the natural gas market will rebound as LNG exports and overall power demand continues to increase.

January 28, 2025

The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze

In the Haynesville, Delaware and Utica, Post Oak Energy Capital is supporting companies determined to make a profitable footprint.

January 28, 2025

Coterra Energy Closes Pair of Permian Basin Deals for $3.9B

Coterra Energy Inc. purchased Delaware Basin assets from Franklin Mountain Energy and Avant Natural Resources for $3.9 billion.

January 28, 2025

M&A Target Double Eagle Ups Midland Oil Output 114% YOY

Double Eagle IV ramped up oil and gas production to more than 120,000 boe/d in November 2024, Texas data shows. The E&P is one of the most attractive private equity-backed M&A targets left in the Permian Basin.

January 27, 2025

Kissler: Can ‘Drill, Baby, Drill’ Trump Inventory, Capex Constraints?

President Trump continues to push E&Ps to “drill, drill, drill,” but producing an extra 3 MMbbl/d is easier said than done.

January 27, 2025