Houston-based E&Ps Magnolia Oil & Gas and Wildfire Energy may well be on tenterhooks awaiting a thumbs-up for the former to acquire the latter. The Eagle Ford players are said to have been in talks since May with Magnolia emerging the front-runner in the bid process. But the potential $4 billion deal faces a hurdle or two to be cleared before Magnolia can lay claim to the third largest acquisition of 2026....
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If you haven’t yet heard, natural gas is expected to become the nation’s dominant energy source by 2030, maybe even sooner, primarily driven by LNG and electrical power demand....
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It’s already a beautiful week in the neighborhood with news of fresh midstream acquisitions and an announced plan to build a pipeline dedicated to flowing fuel to power rocket ships. ...
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Activity Heats Up in the Arctic There’s no chill pill to be had in Alaska’s North Slope these days, where an oil-and-gas revival has been quietly taking shape to explore, capture, and export its vast energy resources. To do so is neither cheap nor easy. ...
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Reese Energy Consulting today spotlights the oil and gas producers and midstreamers, which recently have made moves to realign portfolios, add oomph to basin positions, and wave see-you-later-bye to inherited assets. ...
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If you missed the Williston Basin Petroleum Conference last month in Bismark, N.D., you might not know that the Day 2 topic, “Bakken 2.0: Crack the Code,” sizzled like bacon in a hot skillet. Crack the Code is a multi-layered, $157 million research effort led by Sen. John Hoeven to double oil recovery in the Bakken and extend the life of coal-fired power plants in N.D., using captured CO2 for Enhanced Oil Recovery (EOR). ...
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