Posted on August 12, 2025
Crude Oil, Electrical Power, Electrification, Mergers & Acquisitions, Mid-Continent, Natural Gas, Natural Gas Liquids - NGLs

Remember in the early 80s when Microsoft and Apple crept into offices overnight and laid down the law as to how People on Planet Earth would be working from that moment forward? We knew then how technology could reset how the world works. Now, some 40 odd years later, a new tech era has reset strategies by natural gas producers, midstreamers, and newcomers—all hungry for a foothold in the power gen and data center world. Old basins are new again when natural gas becomes an electron hero. Such are those in the Midcontinent. ...

by
0
Posted on February 13, 2025
Anadarko Basin, Company Spotlight, Crude Oil, Eagle Ford, Mergers & Acquisitions, Mid-Continent

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....

by
0
Posted on December 5, 2024
Barnett Shale, Company Spotlight, Crude Oil, Eagle Ford, Mergers & Acquisitions, Mid-Continent, Permian, Uinta Basin, Uncategorized

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. ...

by
0
Posted on September 26, 2024
Anadarko Basin, Arkoma Basin, Crude Oil, Eagle Ford, Mergers & Acquisitions, Mid-Continent, Natural Gas

Okla-City-based Chesapeake Energy has announced a company name change following this year’s $7.4 billion merger with Southwestern Energy that’s expected to close next week. The combo creates the nation’s largest natural gas producer upsetting EQT’s number one position it’s held since 2017....

by
0