Posted on February 19, 2025
Crude Oil, Mergers & Acquisitions, Natural Gas, Natural Gas Liquids - NGLs, Permian

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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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....

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Posted on January 23, 2025
Export Terminals, Gulf Coast, LNG, Midstream, Natural Gas, Pipelines

Four days now into a new Administration and a whirlwind of Executive Orders, the nation’s oil and gas industry—in a great exhalation—is charged up with serious horsepower. Especially for natural gas, where the U.S. sits as chairman of the board of world production and exports as global demand is expected to rise with historic volumes....

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Posted on January 21, 2025
AI - Data Centers, Crude Oil, Electrical Power, Export Terminals, LNG, Midstream, Natural Gas, Pipelines

Yesterday’s inauguration has officially put the sizzle back into American oil and gas. After four long years, the atmosphere today is feeling positively electric for producers, midstream operators, LNG developers, and their plans and developments. We know it has for our colleagues and clients with projects in the queue....

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