Hess’ crude sold during the quarter for an average of $63.17/bbl, including hedging, 39% higher from a year earlier, while gas prices jumped 60% to $4.71/Mcf.
Oasis Petroleum had initially announced the Williston acquisition in May, a month after CEO Danny Brown had taken the helm, in a cash transaction with Diamondback valued at approximately $745 million.
This approval allows RTE to commercially capture (dehydrate and compress) and inject the 180,000-metric-ton-per-year CO2 stream into the Broom Creek Formation on RTE property for permanent geologic CO2 storage.
Here’s a snapshot of recent energy deals including a $750 million asset sale by Occidental Petroleum plus Citizen Energy’s $153 million expansion in Oklahoma.
Here’s a quicklist of oil and gas assets on the market including Chisholm Oil & Gas STACK nonop opportunity plus Merit Energy Anadarko Basin nonop and mineral/royalty position.
Here’s a snapshot of recent energy deals including Comstock Resources’ Bakken exit in a $154 million sale plus the $419 million cash acquisition of Tapstone Energy and SilverBow’s largest acquisition to date.
Here’s a quicklist of oil and gas assets on the market including Chevron legacy Permian operated assets in Andrews County, Texas, plus a Rockall Energy Bakken/Gulf Coast acquisition opportunity and Ganador Operating southern Midland Basin properties.
Rockall Energy LLC and its affiliates retained Stephens Inc. for the sale of all or portions of the company, including producing assets located in North Dakota and the Gulf Coast throughout southern Louisiana and Mississippi.
Comstock Resources plans to reinvest the proceeds into the Haynesville Shale, which the company said may include the acquisition of additional leasehold and funding drilling activity in 2022.
Here’s a snapshot of recent energy deals including the closing of the $9.25 billion all-stock merger of Cabot Oil & Gas and Cimarex Energy forming Coterra plus a Midland Basin bolt-on acquisition by Earthstone Energy.