Japan makes no bones about its energy strategy to seek out LNG investments where it finds long-term opportunity...
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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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The wildly successful Double Eagle Energy last May set tongues wagging on news it was exploring a sale of its Permian assets that could potentially fetch $6.5 billion. Three years into its iteration as Double Eagle IV, co-founders and co-CEOs Cody Campbell and John Sellers had built one of the most coveted, privately held positions in the Midland. This, after selling Double Eagle III in 2021 to Pioneer Natural Resources for $6.4 billion. ...
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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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A few weeks ago, Reese Energy Consulting shared news on a nonbinding open season to gauge interest in the proposed 375-mile Bakken East Pipeline project—an idea coddled for 10 years—which would flow natural gas east to near Fargo, N.D. Since our post, we’ve followed the latest from the Williston Basin, where Kinder Morgan, the deeper middle Three Forks formation, and CO2 enhanced oil recovery are making lots of noise worth a listen. ...
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Back in September, the nation’s largest producer of clean, emissions-free energy shared some mighty big news. After purchasing the Pa., Three Mile Island Unit 1 in 1999, then retiring operations there in 2019 due to poor economics, Baltimore-based Constellation Energy landed a whale of a deal with Microsoft that would resuscitate the nuclear reactor to generate carbon-free electricity to power Microsoft’s Northeastern data centers...
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