Onshore

Field Development , Emissions

Diamondback May Go Nuclear to Power Permian Basin Ops

Oklo Inc., a California fission power plant developer, on April 8 said it signed a letter of intent to collaborate with Diamondback Energy on implementation of nuclear energy for drilling operations in the Permian Basin.

April 8, 2024

Acquisitions & Divestitures , Shale Plays

An Untapped Haynesville Block: Chevron Asset Attracts High Interest

Chevron’s 72,000-net-acre property in Panola County, Texas is lightly developed for the underlying Haynesville formation — and the supermajor may cut it loose.

April 3, 2024

Shale Plays , Acquisitions & Divestitures

Mesa III Reloads in Haynesville with Mineral, Royalty Acquisition

After Mesa II sold its Haynesville Shale portfolio to Franco-Nevada for $125 million late last year, Mesa Royalties III is jumping back into Louisiana and East Texas, as well as the Permian Basin.

April 3, 2024

Pipelines , Gathering & Processing

Summit Midstream Launches Double E Pipeline Open Season

The Double E pipeline is set to deliver gas to the Waha Hub before the Matterhorn Express pipeline provides sorely needed takeaway capacity, an analyst said.

April 2, 2024

DUG Haynesville , Natural Gas , Field Development , CCS/CCUS

BKV CEO Chris Kalnin says ‘Forgotten’ Barnett Ripe for Refracs

The Barnett Shale is “ripe for fracs” and offers opportunities to boost natural gas production to historic levels, BKV Corp. CEO and Founder Chris Kalnin said at the DUG GAS+ Conference and Expo.

April 2, 2024

Hart Energy Exclusive , DUG Haynesville , Acquisitions & Divestitures , Policy & Regulations , Natural Gas , Liquefied Natural Gas (LNG)

Chesapeake, Awaiting FTC's OK, Plots Southwestern Integration

While the Federal Trade Commission reviews Chesapeake Energy's $7.4 billion deal for Southwestern Energy, the two companies are already aligning organizational design, work practices and processes and data infrastructure while waiting for federal approvals, COO Josh Viets told Hart Energy.

April 1, 2024

Acquisitions & Divestitures , Shale Plays

APA Closes $4.5B Callon Deal, Deepening Permian Roots

About two-thirds of Apache’s daily production will come from the Permian Basin after APA Corp. completed its $4.5 billion takeout of Callon Petroleum.

April 1, 2024

Acquisitions & Divestitures

Dorchester Minerals Buys Interests in Two Colorado Counties

Dorchester Minerals’ acquisition totals approximately 1,485 net royalty acres for roughly $17 million.

April 1, 2024

Wind , Joint Ventures

Stonepeak Joins Shizen to Form Asian Onshore Wind Platform

Stonepeak will have an 80% interest in the onshore wind energy platform, with Japan-based Shizen retaining the remaining 20% interest.

March 26, 2024

Crude Oil , Acquisitions & Divestitures , Shale Plays , CERAWeek

Exxon, Vitol Execs: Marrying Upstream Assets with Global Trading Prowess

Global commodities trading house Vitol likes exposure to the U.S. upstream space—while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.

March 24, 2024