Rockies
Earnings , Acquisitions & Divestitures , International
Chevron CEO: Upstream Returns to be ‘Structurally Higher’ than Downstream
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.
Midstream , Mergers
Crestwood Unitholders Approve $7.1B Energy Transfer Merger
Energy Transfer’s merger-acquisition of Crestwood will strengthen the company’s position in Williston, Delaware and Powder River basins.
Acquisitions & Divestitures
Which Assets Will Chevron Shop After $53B Hess Deal?
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?
Acquisitions & Divestitures , Shale Plays , Crude Oil , CCS/CCUS
Silencing the Doubters: Occidental CEO Vicki Hollub Lauded for Anadarko Deal
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.
Pipelines , Natural Gas , Acquisitions & Divestitures
Western Midstream Closes Acquisition of Meritage
Western Midstream’s acquisition of Meritage Midstream Services II adds approximately 1,500 miles of natural gas pipelines to its portfolio.
Acquisitions & Divestitures , Finance
Civitas Resources $1B Senior Notes Offering to Fund Vencer Acquisition
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.
Acquisitions & Divestitures , Mergers
A&D Minute: Making Sense of M&A Scramble [WATCH]
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.
Environmental , Emissions , Exploration & Production , America's Natural Gas , Hart Energy Exclusive , Acquisitions & Divestitures
Exclusive: PureWest's Strategy Focuses on Pinedale Anticline [WATCH]
With its recent acquisition by a family consortium of family offices and financial institutions, PureWest is capitalizing on the "fairly unique deal" with its growth strategy going forward, says CEO Chris Valdez in this Hart Energy LIVE Exclusive.
Lease Sales
Marketed: White Rock Lower 48 Opportunity
White Rock Oil & Gas LLC retained TenOaks Energy Advisors for the sale of a majority operated working interest portfolio located across five regions of the lower 48—the Permian Basin, Ark-La-Tex, Rockies, Mid-Continent and Michigan.
Rig Counts , Crude Oil
$70, $80, $90? No Matter WTI Price, Production to Creep Along
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.