Hamm: Continental Won’t Rule Out a Merger, But Don’t Count on it
Continental Resources Founder Harold Hamm said Hess Corp.’s Bakken property is interesting, as well as property held by BP Plc’s Lower 48 E&P unit BPX Energy.
Kingswood‘s One X Buys Pressure Control Firm United Energy Partners
One X, backed by Kingswood Capital Manaement, will purchase service firm United Energy Partners to become a provider of greaseless pressure control values across multiple shale plays.
TXO Prices Public Offering at $175MM to Fund White Rock Deal
Proceeds from the offering will be used toward funding TXO Partner’s acquisition of White Rock’s Elm Coulee Field assets for $350 million, announced May 13.
TXO Acquires White Rock’s Williston Assets for $350MM
TXO Partners' purchase in the Williston Basin's Elm Coulee Field is expected to add proved developed reserves of approximately 25 MMboe to TXO.
What's Affecting Oil Prices This Week? (May 12, 2025)
U.S. officials said on May 11 that a deal had been made to reduce the U.S. trade deficit with China. While all the details may not be established, oil prices will get another boost from this “deal”.
Bakken Beast: Chord Plans Seven More 4-Mile Bakken Wells in ‘25
Chord Energy has drilled three 4-mile laterals in the middle Bakken and is closely tracking results from the first now online. Seven more are planned for the rest of this year.
On the Market This Week (May 5, 2025)
Here is a roundup of marketed oil and gas leaseholds in the Permian, Williston and Appalachian basins and the Bakken, Haynesville and Eagle Ford shales.
Post Oak’s Permian Roots Grow Deeper with $480MM in ’24 Minerals M&A
Post Oak Energy Capital was early to invest in M&R as a standalone asset class. Today, it manages 85,000 net royalty acres.
What's Affecting Oil Prices This Week? (May 5, 2025)
If OPEC+ moves forward with unwinding its supply cuts at an accelerated pace, the price of Brent crude could approach $50.
Orion Acquires Interests in Oklahoma, Colorado and Arkansas
Orion, which holds 53,000 mineral acres in the Bakken, Permian Basin and other shale plays, said it’s also considering re-entering its Eagle Ford Shale assets.