More Top Stories in Shale Plays
HNR Increases Permian Efficiencies with Automation Rollout
Upon completion of a pilot test of the new application, the technology will be rolled out to the rest of HNR Acquisition Corp.’s field operators.
Diamondback Closes $26B Endeavor Deal, Forming Last Permian ‘Sandbox’
Diamondback Energy’s merger with Endeavor Energy Resources forms a company with pro forma production of 468,000 bbl/d (816,000 boe/d) on total Permian acreage of about 838,000 net acres.
APA Divests $950 Million in Non-core Permian Basin Assets
APA Corp. said it would sell assets in the Central Basin Platform, Texas and New Mexico Shelf and Northwest Shelf that average 21,000 boe/d, 57% oil.
Marketed: Wellbore Capital 10 Well Package Marcellus Opportunity
Wellbore Capital LLC has retained EnergyNet for the sale of a Marcellus Shale Opportunity 10 well package in Marion and Wetzel counties, West Virginia.
Viper Energy Offers 10MM Shares to Help Pay for Permian Basin Acquisition
Viper Energy Inc., a Diamondback Energy subsidiary, will use anticipated proceeds of up to $476 million to help fund a $1.1 billion Midland Basin deal.
CEO: Coterra Drops Last Marcellus Rig, May Halt Completions
Coterra halted Marcellus Shale drilling activity and may stop completions as Appalachia waits for stronger natural gas prices, CEO Tom Jorden said at an industry conference.
Delek Logistics Closes Acquisition of Permian’s H2O Midstream
Delek Logistics closed a $230 million deal to expand its water midstream service in the Permian Basin with the acquisition of H2O Midstream, which overlaps with Delek's Midland Basin footprint.
Diamondback’s Viper Buys $1.1B in Permian Mineral, Royalty Interests
Diamondback subsidiary Viper Energy is spending $1.1 billion on a series of Permian Basin mineral and royalty acquisitions from Tumbleweed Royalty, which was formed by the executives behind Double Eagle Energy.
ONEOK Offers $7B in Notes to Fund EnLink, Medallion Midstream Deals
ONEOK intends to use the proceeds to fund its previously announced acquisition of Global Infrastructure Partners’ interest in midstream companies EnLink and Medallion.
Hurricane Francine Shuts in Quarter of GoM Oil, Gas Production
The Bureau of Safety and Environmental Enforcement reported that 130 platforms and several rigs were affected as the storm approached the Louisiana coast.