Analysts note that midstream operators of all sizes may have opportunities in CCUS.
Red Leaf Resources and Ute Energy will jointly develop Uinta Basin assets, including a refinery and proposed transloading facility.
In February, EIV Capital raised $702 million in funding and said it had more than $900 million to deploy into new investments.
Formerly known as MorningStar Partners LP, TXO Energy is an MLP with primarily conventional-rock operations in the Permian Basin, New Mexico’s San Juan Basin and Colorado led by industry veteran Bob Simpson.
Despite large-cap publics such as Devon Energy, Diamondback and Marathon Oil dominating M&A in 2022, the overall deal count fell to the lowest level since 2005, according to Enverus.
Marianella Foschi, CFO of Civitas Resources Inc., believes that the oil and gas industry is headed in the direction of higher efficiency and lower costs through M&A and embracing cleaner and safer practices.
AGS Oil & Gas Holdings #2 Inc. retained EnergyNet for the sale of the rights, title and interest in 16 horizontal proposed AFE wells located in the Denver-Julesburg Basin in Boulder County, Colo.
Anschutz Exploration Corp. exclusively retained Eagle River Energy Advisors LLC to divest certain wellbore only, non-operated working interests that generate $9 million annualized cash flow from 430 boe/d of net production in the Powder River Basin of Wyoming.
Here’s a snapshot of recent energy deals including Northern Oil & Gas (NOG) closed on an upsized acquisition of working interests in Midland-Petro D.C. Partners LLC and Phillips 66 $3.8 billion deal with DCP Midstream LP.