California major Chevron Corp. is setting aside $6.5 billion to develop its U.S. shale portfolio next year, with the bulk of the spend allocated in the Permian Basin.
Chevron’s $53 billion acquisition of Hess Corp. will concentrate the California major even further in upstream oil and gas production—the part of its portfolio where Chevron sees the most future upside.
Chevron is entering the Bakken Shale play in a big way through its $53 billion acquisition of Hess Corp. After closing, will the supermajor be in North Dakota to stay?
Four years after acquiring Anadarko Petroleum, Occidental CEO Vicki Hollub has proved her critics wrong, and she credits the deal with carrying the company through the depths of the pandemic.
The unsecured notes offering will finance Civitas Resources’ Vencer Energy acquisition, another funding step in the company’s multibillion dollar expansion into the Permian Basin.
In this week's A&D Minute, East Daley Analytics' Justin Carlson answers the question of what drives deals across the shale patch and where those deals get inked.
As public E&Ps hold fast with capital discipline, even exuberant prices might not be enough to substantially bump up production, although private operators remain a wild card, analysts said.
Viper Energy’s cash-and-equity deal adds 2,800 net royalty acres in the Midland Basin and 1,800 net royalty acres in the Delaware Basin with an average 0.7% net revenue interest.
Next-generation fleets are poised to take center stage.
In this week's episode of Tech Trends, Hart Energy's Jaxon Caines spoke with Welltec's Solutions Director, Nick Rakic, about the technology company's 'Metal Expandable Packer' and how it reduces sustained casing pressure in a wellhead.