The cost of supply for North American shale producers is expected to continue rising, according to a recent analysis by Enverus Intelligence Research.
Crescent Energy is boosting its stake in a western Eagle Ford Shale, bringing its total M&A spending in the play to $850 million this year.
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.
The U.S. Energy Information Administration sees natural gas output falling by 147 MMcf/d in September, but the Haynesville Shale and Appalachia region continue to pump out more gas than last year.
In this week's A&D Minute, Chesapeake Energy fully exits the Eagle Ford, Earthstone Energy follows suit and Sitio Royalties spends $248 million to increase its Permian footprint by 7%.
Spain’s Repsol S.A. has an eye on optimizing its Venezuelan natural gas production as well as consolidating the U.S. as a key growth area, according to the company’s CEO and executive director Josu Jon Imaz San Miguel.
NGP is targeting low breakeven upstream opportunities in the Permian Basin, Bakken and the Haynesville, Marcellus and Eagle Ford shales.
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.
Earthstone Energy is marketing PDP and undeveloped locations in the Eagle Ford as the E&P streamlines its focus on the Permian Basin.
Baytex Energy Corp.’s board of directors has declared a quarterly cash dividend amounting to CA$0.0225 per share, payable on Oct. 2.