Eastern Energy’s acquisition of Conquest Completion Services gives Eastern access to favorable positions in the Permian and Eagle Ford.
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.
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.
Magnolia added acreage in the Giddings Field outside of its core development area with promise for development, the company said.
Crescent Energy will acquire operated interests and working interests from Mesquite Energy while nearly doubling its inventory in the play.
Operators are adding inventory, largely through M&A, as some E&Ps see well productivity plateauing.
Magnolia Oil and Gas Corp.’s shareholder distribution increase reflects the company’s efforts to maximize shareholder returns.
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.
APA Corp. produced nearly 219,000 boe/d in the U.S. in third-quarter 2022, according to the company's latest earnings report.
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.