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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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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Some small-town Texas boys working as farmhands on family land have dreams of something bigger or altogether different for their future. Mike Howard was one of those back in his childhood....
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While Bill Gates sets to build an artificial sun to power the world, and a Texas family raffles off untapped mineral rights on its land at $4 per ticket, Reese Energy Consulting is following the latest news from Houston-based ConocoPhillips (COP). The company has hardly been shy about slashing $5 billion in debt after acquiring Marathon Oil in 2024 in an all-stock deal valued at $22.5 billion. ...
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What a year it’s been less than two months into 2026 for oil and gas mergers, asset divestitures, and acquisitions. While buyer demand remains strong for shale opportunities, especially in the luxe-priced Permian, it’s driven more producers to seek out opportunities in other basins, including explorations of new frontiers outside the U.S. ...
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In South Texas—Land of the Eagle Ford and Austin Chalk—high-quality, undrilled inventory is about as scarce as a hare with horns. M&A competition for prime assets here is rubber band tight as producers look outside the Permian for diversity, cost efficiencies, and proximity to Gulf Coast export facilities....
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