United States
Discoveries , Field Development , Exploration & Production
Empire Petroleum’s Williston Drilling Program Identifies New Zones
Empire Petroleum provided updates on its Williston Basin development drilling program in its first quarter 2024 earnings results.
Acquisitions & Divestitures , Exploration & Production , Super DUG
Diamondback’s Van’t Hof Plays Coy on Potential Delaware Divestiture
Diamondback Energy’s President and CFO Kaes Van't Hof also addressed new Permian exploration and the lack of “fun” dealing with the FTC on its deal to buy Endeavor Energy Resources.
Acquisitions & Divestitures , Field Development , Emerging Plays , Emissions , Super DUG , Shale Plays
Permian Powerhouse: Apache Doubles Down on Core Assets After Callon Acquisition
Apache CEO John Christmann detailed plans for the Permian Basin and Suriname during the SUPER DUG Conference & Expo.
Trade
US to Favor Existing Investors for Venezuela Oil Licenses, Say Sources
The U.S. is preparing to prioritize issuing limited licenses to operate in Venezuela to companies with existing oil production and assets over those seeking to enter the sanctioned OPEC nation for the first time.
Acquisitions & Divestitures
Crescent Energy to Buy Eagle Ford’s SilverBow for $2.1 Billion
Crescent Energy’s acquisition of SilverBow Resources will create the second largest Eagle Ford Shale E&P with production of about 250,000 boe/d, the companies said.
Mergers , Exploration & Production , Shale Plays
SUPER DUG: Diamondback's Van't Hof Talks Endeavor Merger, Future of Legacy Delaware Acreage
The SUPER DUG Conference & Expo is in full swing in Fort Worth, Texas, and speaker Diamondback President Kaes Van’t Hof is with Hart Energy's Jordan Blum to talk about Diamondback's pending merger with Endeavor Energy Resources, development philosophies going forward and future plans in the Delaware.
Policy & Regulations , Pipelines , Midstream , Natural Gas
Williams Cos. Blasts Energy Transfer’s FERC Filing
In response to Energy Transfer, Williams says the rival’s action is “lawfare” to delay the company’s Louisiana Energy Gateway project.
Renewables
KeyState, CNX Bring Hydrogen Facility to Pittsburgh Airport
KeyState Energy and CNX Resources said the facility can produce hydrogen solely, reaching up to 68,000 metric tons annually, or sustainable aviation fuel solely, reaching up to 70 million gallons per year.
Finance , Midstream
Blue Racer Midstream Prices Senior Notes Offering
Net proceeds from the sale of senior notes will be used to pay off debt and other general corporate purposes.
Natural Gas , Crude Oil , Super DUG , Hart Energy Exclusive , Solar
Exclusive: Adkins on Challenged Gas Prices, Growing Crude Demand
J. Marshall Adkins, head of energy investment banking at Raymond James, details the future of natural gas prices and misconceptions about crude demand coming to an end in this Hart Energy Exclusive interview.