Chris
Mathews
Hart Energy
DNOW Closes Cash Acquisition of Water Service Company Trojan Rentals
DNOW Inc.’s acquisition of Trojan Rentals LLC is its third purchase aimed at providing a holistic water management solution to the market, the company said.
Jefferies: With Permian Locked Up, E&Ps Hunt for New L48 Runway
With the core of the Permian Basin largely locked up, “intrepid operators” are hunting for runway in more nascent Lower 48 basins and in less developed Permian benches.
Valveworks Adds Choke Product Offerings with Lancaster Acquisition
Valveworks USA is acquiring Lancaster Flow Automation to add choke and flow-control automation technology to its product offerings.
EQT, Blackstone Credit Enter $3.5 Billion Midstream Joint Venture
Blackstone Credit & Insurance entered a joint venture with EQT Corp. to take a non-controlling interest in the Mountain Valley Pipeline and other infrastructure from the Equitrans transactions for $3.5 billion.
ONEOK Announces $4.3B Deal to Acquire Remaining EnLink Stock
ONEOK’s deal to acquire the remaining stake in EnLink is expected to close in the first quarter of 2025.
ConocoPhillips: Longer Laterals Coming to Delaware Basin After Marathon Close
After closing a $17.1 billion acquisition of Marathon Oil, ConocoPhillips’ Delaware Basin leader sees opportunities to drill longer laterals and investigate secondary benches underground.
LandBridge Closes Deal for 5,800 Acres in New Mexico's Delaware Basin
LandBridge said it announced or closed acquisitions totaling 53,080 acres in fourth-quarter 2024.
ConocoPhillips Completes $22.5B Acquisition of Marathon
ConocoPhillips CEO Ryan Lance said he expects synergies of more than $1 billion on a run rate basis over the next 12 months.
RWE Acquires Majority Interest in R3 Renewables
RWE said it will acquire seven potential renewable projects in Indiana and Illinois.
Boosted by Oxy Deal, Permian Resources Expects to Grow in Delaware
Permian Resources Co-CEO Will Hickey expects more growth in the Delaware Basin thanks to his company’s advantageous cost structure.