NOG Closes $62MM Midland Basin Bolt-On Deal
Non-op Northern Oil and Gas (NOG) expanded its Midland Basin footprint with an acreage purchase in Upton County, Texas, from a private operator.
‘A Nightmare:’ It’s Easier to E&P in Turkey Than in New Mexico
“I’ve been in this business a long time, and I’ve never seen anything like it,” Malone Mitchell III, chairman and CEO of international explorer TransAtlantic Petroleum, said in Oklahoma City about trying to operate in New Mexico.
Prairie Updates Bayswater’s DUC Completions Program in D-J Basin
Prairie Operating Co. started completion of the nine DUC wells that were part of an acquisition from Bayswater Exploration & Production in the Denver-Julesburg Basin.
What's Affecting Oil Prices This Week? (April 28, 2025)
Recent news is increasing the uncertainty associated with the ability of members of OPEC+ to maintain cooperation and agreement on future production quotas.
Amplify Energy Cancels PRB, D-J Deal on ‘Extraordinary Volatility’
Amplify Energy terminated an acquisition of oil-weighted assets in the Powder River and Denver-Julesburg basins from Juniper Capital after Amplify’s stock fell 58% since the deal was announced.
XCL Resources Team Launches X2, Targets Multibillion-Dollar M&A
X2 Resources, led by the team behind XCL Resources, is targeting $500 million to multibillion-dollar acquisitions across “premier” oil and gas basins with backing from EnCap and other investors.
Berry Corp. Ups Hedge Book During Oil Market Volatility
California and Uinta producer Berry Corp. announced steps to strengthen its hedge book and liquidity during a period of market volatility.
Devon Makes Operational Overhaul Amid Oil Market Volatility
Facing headwinds from falling oil prices, Devon Energy aims to reduce costs through several operational and corporate changes.
US Shale Gas Investor Wincoram Acquired by Stone Ridge Energy
PureWest Energy investor Wincoram Asset Management was acquired by Stone Ridge Energy, the companies said April 22.
Drones Proving to be More than Just a Toy in Chevron Operations
Chevron Corp. has partnered with drone maker and operator Percepto to get a better look at its operations in two U.S. basins.