Austin Chalk
Acquisitions & Divestitures
Magnolia Acquires Bolt-on Asset in Giddings for $300MM
Magnolia Oil & Gas’ new acquisition of oil and gas producing properties brings the company’s position in Giddings, Texas, to over 500,000 net acres.
Acquisitions & Divestitures , A&D Minute
A&D Minute: Big Deals in the Permian and Eagle Ford [WATCH]
In this week's A&D Minute, Kimbell Royalty Partners makes its largest deal in company history, Diamondback Energy sells an ownership interest in Midland Basin crude oil gathering assets for $225 million and Magnolia Oil & Gas bolts on assets in the Giddings field.
Crude Oil , Natural Gas , Acquisitions & Divestitures
Magnolia Oil & Gas Bolts-on Acreage in Giddings Field
Magnolia added acreage in the Giddings Field outside of its core development area with promise for development, the company said.
Acquisitions & Divestitures , Trends
Crescent Energy Bolt-on Adds Eagle Ford Assets for $600 Million
Crescent Energy will acquire operated interests and working interests from Mesquite Energy while nearly doubling its inventory in the play.
Exploration & Production , Shale Plays , Acquisitions & Divestitures , Trends
By Hook, Crook and Bolt-on, E&Ps Scramble to Add Inventory
Operators are adding inventory, largely through M&A, as some E&Ps see well productivity plateauing.
Public Capital
Magnolia Oil and Gas Announces 15% Increase to Quarterly Dividend
Magnolia Oil and Gas Corp.’s shareholder distribution increase reflects the company’s efforts to maximize shareholder returns.
Highlights
E&P Highlights (Nov. 14, 2022): New Eni Startup; Suriname Bid Round
Here’s a roundup of the latest E&P headlines, including a new startup and bid round from the past week in the upstream oil and gas industry.
Transactions
APA Looks to Sell Oil, Gas Producing Land in Southeast Texas: Document
APA Corp. produced nearly 219,000 boe/d in the U.S. in third-quarter 2022, according to the company's latest earnings report.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Nov. 2, 2022
Here’s a snapshot of recent energy deals including SLB’s acquisition of Houston-based Gyrodata and NextEra Energy’s $1.1 billion renewable natural gas expansion.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Oct. 26, 2022
Here’s a snapshot of recent energy deals including NOG’s $330 million Permian Basin acquisition in Midland County, Texas, plus the closing of the $1.96 billion buyout of Shell Midstream.