The Latest

Edison Sells Stake in Algeria Gas Field to Repsol, Wintershall Dea

Repsol will buy 6.75% of the gas field and Wintershall Dea will get 4.50%.

June 30, 2022

Shell Buys Operating Stake in Equinor’s North Platte in US Gulf of Mexico

To reflect the change, Equinor and Shell have agreed to rename the North Platte development, located in the Garden Banks area of the U.S. Gulf of Mexico, to Sparta.

June 29, 2022

Environmental Groups Sue to Block Biden Administration Oil and Gas Auctions

The lawsuit, filed in federal court in Washington D.C., alleges that the Interior’s Bureau of Land Management violated the law by failing to adequately analyze the oil and gas lease sales’ impact on climate change.

June 29, 2022

Energy A&D Transactions from the Week of June 29, 2022

Here’s a snapshot of recent energy deals including another acquisition by Earthstone Energy for the Permian Basin New Mexico assets of Titus Oil & Gas for $627 million.

June 29, 2022

On the Market Oil and Gas Quicklist (Week of June 29, 2022)

Here’s a quicklist of oil and gas assets on the market including a Mammoth Exploration Strawn Sand well package plus Salt Creek Oil and Gas nonop Williston Basin assets.

June 29, 2022

Petro-Hunt: The Searchers

Despite the Hunt family’s famous patriarch—legendary oil tycoon H.L. Hunt—Petro-Hunt LLC’s dealings, including a recent Permian Basin acquisition, remain a family affair.

June 29, 2022

Who’s Who in E&P A&D: SJ Resource Partners’ Sasha Gumprecht

SJ Resource Partners vice president of business development Sasha Gumprecht’s strategy for dealmaking is simple: build relationships.

June 29, 2022

Marketed: Stephens Operated STACK Opportunity

Stephens Natural Resources LLC and Stephens Energy Group LLC retained Detring Energy Advisors for the sale of operated STACK assets located in Blaine, Kingfisher, Garfield, Payne and Logan counties, Oklahoma.

June 29, 2022

Marketed: Sabine Oil & Gas East Texas Operated, Nonop Properties

Sabine Oil & Gas retained RedOaks Energy Advisors for the sale of certain operated and nonoperated properties located in East Texas that includes Haynesville refrac opportunities.

June 29, 2022

Exxon Mobil, Imperial Sell Canada Shale Assets for $1.5 Billion Cash

Imperial and Exxon Mobil agreed to sell XTO Energy Canada, a jointly owned shale producer in Western Canada, in an all-cash transaction to Whitecap Resources.

June 28, 2022