Shale Plays , Acquisitions & Divestitures

ProFrac Holding Corp. Acquires Monarch Silica Eagle Ford Sand Mine

Monarch's production capacity is expected to expand to nearly 4 million tons per year by first-quarter 2023, ProFrac said.

December 6, 2022

Shale Plays , Acquisitions & Divestitures , Pipelines

Bison Water Midstream Acquires STACK Infrastructure from Lagoon, Overflow Energy

Bison Water Midstream, which bills itself as the largest water infrastructure and logistics company in Oklahoma, added recycling and storage facilities in the pair of STACK deals.

December 5, 2022

Shale Plays , Acquisitions & Divestitures

Summit Midstream Partners Acquires Outrigger DJ Basin System, Other Infrastructure for $305 Million

The DJ Basin midstream system will now connect Summit’s system to multiple midstream systems in the Denver-Julesburg Basin.

December 5, 2022

Shale Plays , Acquisitions & Divestitures

Northern Oil and Gas Closes Acquisition Alpha Energy’s Delaware Assets

Northern closes another of its second-half deals during a stretch when it ran up acquisitions valued at roughly $900 million.

December 2, 2022

Public Capital , Methane , Shale Plays

Coterra Energy to Pay $16.3 Million for Pennsylvania Water Contamination Plea

The Pennsylvania attorney general charged Coterra Energy in 2020 after a grand jury investigation showed that drilling unconventional gas wells by the company had been responsible for methane pollution in the local water supply.

November 30, 2022

Investment , Unconventional , Shale Plays

‘Now Do Australia’: Shale Royalty

Shale royalty Bryan Sheffield and Dick Stoneburner shift their attention to Australia.

November 30, 2022

Rig Counts , Shale Plays

US Drillers Add Oil, Gas Rigs for Second Consecutive Month: Baker Hughes

U.S. oil rigs rose four to 627 this week, their highest since March 2020, while gas rigs fell two to 155, according to the weekly Baker Hughes rig count report.

November 27, 2022

International , Shale Plays , Acquisitions & Divestitures

China’s CNOOC Steps Up Western Retreat with Launch of US Shale Sale

CNOOC has hired JPMorgan to advise it on a potential exit from its interests in U.S. shale gas assets, which could raise around $2 billion, the sources familiar with the matter said.

November 23, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures

Texas Shale Producer Ranger Oil Explores Sale, Sources Say

Shares in Ranger Oil, which operates in the Eagle Ford Shale, jumped over 5% on Nov. 18 after Reuters reported the company’s sale efforts.

November 21, 2022

IPO , Shale Plays

Barnett Shale’s Largest Producer BKV Corp Files for IPO

The company, which also has assets in the Marcellus, has an integrated approach that includes upstream, midstream, power generation and carbon capture business lines.

November 18, 2022