Power shift: While E&P dealmaking stalls amid tariffs and price swings, gas-fired assets and utilities are fueling a new M&A surge, PwC finds.
Tamboran Resources’ sidetrack in the Beetaloo Basin IP’ed an average of 7.2 MMcf/d over 30 days from a roughly 1-mile lateral, an IP rate similar to the average IP-30 of Marcellus dry-gas wells.
Liberty Energy CEO Ron Gusek says he sees private companies in strong financial positions adding rigs to drill while completion costs are low and then waiting for a strong price signal to move ahead on production.
Post Oak has made commitments to five portfolio companies, with capital deployed in the Permian Basin and Utica and Haynesville shales.
Japan’s Mitsubishi is reportedly in talks to acquire Aethon Energy’s Haynesville assets in a deal that could be worth $8 billion.
Private equity firms with longtime loyalty to the oil and gas industry are raising funds that are steadily adding to their coffers, accumulating billions of dollars’ worth of dry powder.
Tom Long, Energy Transfer co-CEO delved into the company’s pipeline progress and challenges and its ethane market leadership despite tariffs in this Hart Energy Exclusive interview.
U.K.-headquartered international hydrocarbons conglomerate INEOS is seeking the mature U.S. shale assets that don’t have the upside growth potential publicly held U.S. operators need.
Matador Resources CEO Joe Foran discusses the driving decision in locking in its hedges earlier this year and the company’s oil and gas growth plans, in this Hart Energy Exclusive interview.
BPX’s Holzhauser says BP’s U.S. shale arm got the longer end of the stick—better subsurface in a less complicated area—in its deal with Devon to dissolve their Eagle Ford JV.