Shale Plays , Natural Gas , Crude Oil

EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers

Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.

April 17, 2024

Acquisitions & Divestitures , Trends

Chord, Enerplus’ $4B Deal Clears Antitrust Hurdle Amid FTC Scrutiny

Chord Energy and Enerplus Corp.’s $4 billion deal is moving forward as deals by Chesapeake, Exxon Mobil and Chevron experience delays from the Federal Trade Commission’s requests for more information.

April 8, 2024

Lease Sales

Marketed: Williston, Powder River Basins 247 Well Package

A private seller has retained EnergyNet for the sale of a Williston and Powder River basins 247 well package in Sheridan, Montana, Burke and McKenzie counties, North Dakota and Campbell County, Wyoming.

March 11, 2024

Lease Sales

Marketed: Stone Hill Minerals Holdings Williston Basin 10 Well Package in North Dakota

Stone Hill Minerals Holdings has retained EnergyNet for the sale of a Williston Basin 10 well package opportunity in Williams County, North Dakota.  

March 1, 2024

Acquisitions & Divestitures , Earnings , Crude Oil

Continental Resources Makes $1B in M&A Moves—But Where?

Continental Resources added acreage in Oklahoma’s Anadarko Basin, but precisely where else it bought and sold is a little more complicated.

February 26, 2024

Acquisitions & Divestitures , Shale Plays , Crude Oil

Williston Warriors: Enerplus’ Long Bakken Run Ends in $4B Chord Deal

Chord Energy and Enerplus are combining to create an $11 billion Williston Basin operator. The deal ends a long run in the Bakken for Enerplus, which bet on the emerging horizontal shale play in Montana nearly two decades ago.

February 22, 2024

Acquisitions & Divestitures

Report: Devon Energy Targeting Bakken E&P Enerplus for Acquisition

The acquisition of Enerplus by Devon would more than double the company’s third-quarter 2023 Williston Basin production.

February 8, 2024

Shale Plays

Silver Hill Energy Enters Bakken with Liberty Resources Acquisition

Silver Hill Energy Partners LP is getting into the Bakken in North Dakota through the acquisition of Liberty Resources II.

January 31, 2024

Earnings , Acquisitions & Divestitures , Shale Plays

Hess Corp. Boosts Bakken Output, Drilling Ahead of Chevron Merger

Hess Corp. increased its drilling activity and output from the Bakken play of North Dakota during the fourth quarter, the E&P reported in its latest earnings.

January 31, 2024

Acquisitions & Divestitures , Shale Plays , Crude Oil

Is Grayson Mill the Next Bakken Domino to Fall After Chevron-Hess?

As E&Ps look to bulk up outside of the Permian Basin, EnCap-backed Bakken player Grayson Mill Energy is reportedly exploring a sale valued around $5 billion.

January 31, 2024