Williston
Midstream , Mergers
Crestwood Unitholders Approve $7.1B Energy Transfer Merger
Energy Transfer’s merger-acquisition of Crestwood will strengthen the company’s position in Williston, Delaware and Powder River basins.
Acquisitions & Divestitures
Which Assets Will Chevron Shop After $53B Hess Deal?
Chevron is entering the Bakken Shale play in a big way through its $53 billion acquisition of Hess Corp. After closing, will the supermajor be in North Dakota to stay?
Dividends/Buybacks , Midstream
Hess Midstream Increases Cash Distribution
Hess Midstream upped its quarterly distribution 2.7%, which will be payable on Nov. 14 to Class A shareholders on record by Nov. 2.
Lease Sales
Marketed: ConocoPhillips Williston Basin 3 Hz Well Opportunity
ConocoPhillips has retained EnergyNet for the sale of Williston Basin 3 Hz Well WI located in Divide County, North Dakota.
Crude Oil , Acquisitions & Divestitures
Vitesse Announces $50MM in Non-op Williston Acquisitions
Vitesse Energy's $50 million worth of acquisitions in oil and gas interests in the Williston Basin are “a good move" and come at a time when the price of oil is higher due to attacks in Israel, says Donovan Shafer, Northland Capital Markets senior research analyst.
Health, Safety & Environment
Brine, Oil Spill Reported in North Dakota
Most of the brine and oil has reportedly been recovered, a state agency said.
People
Bakken’s Vitesse Energy Appoints James Henderson as CFO
James Henderson’s new role at Vitesse Energy follows financial leadership roles at Williston Basin E&Ps including Whiting Petroleum Corp. and Kodiak Oil & Gas.
Acquisitions & Divestitures
Crescent Point Sells North Dakota Assets to Private E&P
Crescent Point Energy is optimizing its portfolio as it looks to pay down debt associated with acquisitions in the Kaybob Duvernay and Alberta Montney.
Unconventional
Haynesville DUC Count Questioned as US Gas Production Forecast to Slip
The U.S. Energy Information Administration sees natural gas output falling by 147 MMcf/d in September, but the Haynesville Shale and Appalachia region continue to pump out more gas than last year.
Acquisitions & Divestitures , Gathering & Processing , Rail , Pipelines
Energy Transfer to Acquire Crestwood Equity Partners for $7.1 Billion
The all-equity transaction, which includes the assumption of $3 billion of Crestwood debt, adds infrastructure in the Williston and Delaware basins and also provides Energy Transfer with an entry into the Powder River Basin.