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.
Merced Capital has retained Detring Energy Advisors to market for sale its diversified non-operated wellbore-only producing assets located across six of the most prominent basins across the Lower 48.
Also in this week's A&D Minute: Targa Resources snatched up Blackstone's 25% stake in the Grand Prix NGL Pipeline, and check out which companies snuck midstream deals in before the new year.
Here’s a look at some of this week’s renewable energy news.
Occidental’s project and another led by Geysers Power Co. could improve drilling rates by at least 25% and ultimately lower costs, according to the U.S. Energy Department.
With the COGCC’s approval, PDC has a clear view into its turn-in-line activity well into 2028 at current activity levels.
PDC Energy declared a special dividend of $0.65 per share in addition to a quarterly cash dividend of $0.35 per share, the company announced Dec. 7.
The company doesn’t mince words, whether it’s calling out “unsavory, unethical and dishonest mineral shops,” lowball offers or celebrating its wins over its better-capitalized competitors.
The DJ Basin midstream system will now connect Summit’s system to multiple midstream systems in the Denver-Julesburg Basin.