Bakken

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

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

Crude Oil , Natural Gas

EIA: Oil, Gas Output to Fall Across Lower 48 in February

Daily oil and gas output is forecasted to decline from shale basins across the Lower 48 in February—except from the mighty Permian Basin, according to new Energy Information Administration figures.

January 18, 2024

Acquisitions & Divestitures

Phoenix Capital Group Acquires Bakken Mineral Interests

Phoenix Capital Group acquired about 600,000 net mineral acres across four states from AgWest Farm Credit.

January 16, 2024

Exploration & Production , Trends

Deckelbaum: US Shale Landscape Taking on New Shape Through M&A

In 2023, majors Chevron and Exxon Mobil took four public names off the board—Pioneer Natural Resources, Denbury, PDC Energy and Hess Corp.— using all-equity takeout mechanisms with scant premiums.

December 29, 2023

Trends , Mergers , Policy & Regulations

Feds Dig Deeper into Chevron-Hess Merger Amid Oil, Gas M&A

Megadeals between Chevron and Hess and Exxon and Pioneer Natural Resources are under intensified scrutiny but the oil and gas firms say they will cooperate in the U.S. Federal Trade Commission’s “second request” for information.

December 8, 2023

Business , Shale Plays

Chevron Plans $6.5 Billion US Shale Capex, Permian Growth in ‘24

California major Chevron Corp. is setting aside $6.5 billion to develop its U.S. shale portfolio next year, with the bulk of the spend allocated in the Permian Basin.

December 8, 2023