Williston
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.
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.
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.
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.
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.
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.
People
Chord Energy Appoints New COO, Board Chair
Chord Energy appoints Susan Cunningham as independent chair of its board and Darrin Henke as executive vice president and COO of the company.
Trends
Big Oil Enters 2024 Strengthened by Shale M&A
Following M&A in 2023, four companies are now positioned to control about 58% of future production in the Permian Basin.
Hall of Fame , Hart Energy Exclusive
Energized: Hart Energy's 50th Anniversary Fireside Chat
At Hart Energy's 50th Anniversary Hall of Fame event, industry trailblazers Harold Hamm, Tom Petrie and Chris Wright gathered to discuss the state of the industry, the "shameless false marketing" of the energy transition, politics and oil and gas' next half-century.
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.