For most of its 25 years, Diversified Energy has stuck to a playbook that hunts unwanted natural gas wells, squeezes every hydrocarbon molecule out of them, then responsibly retires those assets. ...
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When four young oil and gas bucks launched a small midstream startup in 2014, all eight eyeballs were focused on setting up camp in the Permian Delaware. To say a lot has changed since then, especially in the last five years, would be a gross understatement when describing Fort Worth-based Brazos Midstream. ...
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Less than a month ago, Dallas-based San Mateo Midstream, a joint venture between Matador Resources (51%) and Five Point Infrastructure (49%), inked a $752 million deal to make Cardinal Midstream Partners its own. A slick move indeed for Matador, which happens to be the anchor customer of San Mateo and—at the time—also happened to have other Delaware plans in store....
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Colo.-based Tallgrass Energy has a tall order in mind for its future building midstream infrastructure. Specifically, a proposed mixed-use pipeline the company says could be operational by 2027. Skeptics say it could be years....
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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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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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