Darren
Barbee
Oil and Gas Investor
Infosys Acquires Tech, Business Firm MRE Consulting for $36MM
Infosys said its all-cash deal to buy MRE Consulting will add newer capabilities and risk management to its offerings.
Bowman Consulting Acquires Texas Firm UP Engineering
The acquisition of UP Engineering strengthens Bowman Consulting Group’s position in the oil and gas market, Chairman and CEO Gary Bowman says.
Prairie Operating to Buy Bayswater D-J Basin Assets for $600MM
Prairie Operating Co. will purchase about 24,000 net acres from Bayswater Exploration & Production, which will still retain assets in Colorado and continue development of its northern Midland Basin assets.
On The Market This Week (Jan. 27, 2025)
Here's a roundup of marketed oil and gas leaseholds in Appalachian and the Central basins from select sellers.
The Latest
Money Talks: First Horizon's Investment Thesis on Oil, Gas
Macro events must be part of the investment thesis in a global commodities business, says Moni Collins, senior vice president for energy lending at First Horizon Bank.
Infosys Acquires Tech, Business Firm MRE Consulting for $36MM
Infosys said its all-cash deal to buy MRE Consulting will add newer capabilities and risk management to its offerings.
Undrilled but not Unnoticed: White Space Buyers Invest Now for Future Upside
Undeveloped, unpermitted acreage lures private equity risk-takers who want in on the mineral and royalty coffers.
Palladium, Arava JV Sell Solar-Energy Storage Portfolio to Exus
Palladium Energy and Arava Power Co. are selling a solar and energy storage portfolio to Exus Renewables North America.
Kinder Morgan Sees Strong Gas Market, Despite Political Noise
Kinder Morgan is undeterred by “perceived ups and downs” in the natural gas market, said Executive Chairman Rich Kinder during the company’s first earnings call of 2025.
US Judge to Decide on Starting Bid in Citgo Parent Auction Following Hearing
A U.S. court is to decide on a $3.7 billion offer for shares in the parent of Venezuela-owned refiner Citgo Petroleum.
Woodside to Supply Europe’s Uniper with Up to 2 mtpa of LNG
Woodside Energy has signed a sale and purchase agreement to supply Uniper with up to 2 million tonnes per annum of LNG, subject to a final investment decision on its Louisiana LNG project.
EOG, SM, Magnolia Ramp Up Austin Chalk Development for NatGas Growth
As Tier 1 Eagle Ford inventory declines, EOG, SM and Magnolia are accelerating development in the overlying Austin Chalk to sustain South Texas output.
Kaes Van’t Hof: $60 Oil Threatens US Production, Permian Rig Activity
“I think before Liberation Day, there was a case towards being pretty bullish,” Diamondback Energy President Kaes Van’t Hof said April 15 at the World Oilman’s Mineral & Royalty Conference. “Unfortunately, it all feels a bit self-inflicted.”
New Era Helium, Sharon AI Launch Phase 1 of Data Center JV
New Era Helium Inc. and Sharon AI Inc.’s joint venture Texas Critical Data Centers LLC has started on the first phase of development for its 250-MW facility.