Civitas Stakes Second Claim in the Permian
If you took a summer vacation the last week of June, you might’ve missed the abrupt dogleg by Denver-based Civitas Resources that took the company well off its operating path in Colo. ...
Read MoreIf you took a summer vacation the last week of June, you might’ve missed the abrupt dogleg by Denver-based Civitas Resources that took the company well off its operating path in Colo. ...
Read MoreThe upstream M&A trend continues this year with producers focused on consolidating their existing portfolio positions in core operating basins. Deals made in 1Q totaled a sleepy $8 billion but jerked to life in 2Q with 20 acquisitions for a combined $24 billion. ...
Read MoreFollowing Occidental’s acquisition of Anadarko, Western Midstream became a standalone business in 2019 with Oxy becoming its general partner. The parent-child relationship has proven fortuitous for both, particularly in their shared basins of the #Permian, #Delaware, #DJ, and the #Powder River where Oxy operates more than 300,000 net acres. ...
Read MoreApril 12, 2019 was an auspicious day for Chevron. The supermajor, whose oil and gas tentacles extend across the world, announced it had reached an agreement to acquire Anadarko Petroleum for $33 billion. ...
Read MoreOil and gas producers in Arapahoe County, Colo., this week narrowly escaped a six-month moratorium on all new drilling. ...
Read MoreDespite the number of banks and private equity firms that have put the kibosh on new oil and gas investments, producers are still finding investment partners eager to play. ...
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