Summit Midstream Acquires Tall Oak Midstream III in $450MM Deal

The acquisition of Tall Oak Midstream III balances Summit Midstream’s crude and natural gas commodity exposure in preparation for high natural gas demand in the coming years, Summit Midstream CEO Heath Deneke said.

Diamondback Subsidiary Viper Closes $900MM Midland Royalty Deal

Diamondback Energy’s Viper Energy closed the last of three acquisitions from Tumbleweed Royalty, owned by Double Eagle Energy’s founders, that together totaled about $1.1 billion.

SM Energy, NOG Close $2.6 Billion in Uinta Basin Acquisitions

SM Energy and Northern Oil and Gas have closed the acquisitions of XCL Resources and Altamont Energy, adding hundreds of locations and oil cuts of 86% to 87%.

Tailwater Buys Interests Across 5,000 Acres in Permian Core

Tailwater E&P's purchase of non-op working interests from Accelerate Resources includes future inventory held by Diamondback, EOG Resources, Devon and several other E&Ps.

PEDEVCO Teams Up with Denver E&P To Develop D-J Basin Acreage

PEDEVCO is teaming up with a private equity-backed Colorado operator to jointly develop the SW Pony Prospect in Weld County, Colorado.

Air Products Closes Sale of LNG Business to Honeywell for $1.81B

Air Products’ sale of its LNG process technology and equipment business to Honeywell will allow the company to focus on its industrial gases and hydrogen businesses.

Enbridge Closes $3.1B Deal for Public Service Co. of North Carolina

With the deal’s closing, Enbridge said the company is, by volume, the largest gas utility in North America, delivering 9 Bcf/d of natural gas to a base of about 7 million customers.

Dorchester Minerals Closes M&A in Midland, Delaware, D-J

Limited partnership Dorchester Minerals closed two transactions in the Permian Basin and in Colorado’s Denver-Julesburg (D-J) Basin.

Devon Energy Completes Grayson Mill Acquisition

Devon Energy Corp. completed its $5 billion acquisition of Grayson Mill Energy, expanding its Williston Basin operating scale and production.

FTC Oks Chevron-Hess Deal, Bans John Hess from Board

Federal regulators signed off on a blockbuster tie-up between Chevron and Hess Corp. but banned CEO John Hess from sitting on the Chevron board.