Call it a rebound or resurgence in the Midcontinent, higher gas prices have proved a siren’s song for operators. Add to that the growing demand for more gas supplies to feed LNG terminals and power data centers, and that’s seductive music for producers. ...
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No need to get ready to rumble but San Antonio-based Ironwood Midstream Energy Partners wants you to know it’s back in the ring, baby. This time launching its third iteration with another match in the Eagle Ford following the January sale of its natural gas gathering system to Houston-based Plains All American. ...
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In what was described as a “surprise move” by Okla. City-based Devon Energy back in 2022, the company made a bolt-on acquisition that further expanded its Eagle Ford position with the purchase of Denver-based Validus Energy. The $1.8 billion deal included 42,000 net acres, 35 MBOED (70% oil), 350 repeatable drilling locations, and 150 refrac candidates. In an epic score, Validus pocketed double the price it paid for those assets just a year before. While it might’ve been a see-you-later-bye to South Texas, the company’s exit there hardly marked the end of Validus....
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Midstream steals the show again this week with news of a triple-whammy in the pipeline acquisitions department, and the secret negotiations playing out on a massive pipeline LNG project that’s been considered all but frozen to death. ...
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Just days into 2025 and new midstream deals are already plotting the script for a year of action to move and export more natural gas and NGL....
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In an interview back in October, Crescent Energy CEO David Rockecharlie quipped, “We feel like we’re the largest company nobody’s ever heard of.” Oh, but we do hear you. Loud and clear. With now a third Eagle Ford acquisition this year, Houston-based Crescent is a growth through acquisition E&P that looks to double the size of its company in the next five years. And it’s off to a rip-roaring start. ...
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