If you took a summer vacation the last week of June, you might’ve missed the abrupt dogleg by Denver-based Civitas Resources that took the company well off its operating path in Colo. ...
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The upstream M&A trend continues this year with producers focused on consolidating their existing portfolio positions in core operating basins. Deals made in 1Q totaled a sleepy $8 billion but jerked to life in 2Q with 20 acquisitions for a combined $24 billion. ...
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Reese Energy Consulting today is following the latest from CrownQuest, which is entertaining a potential sale that, given the right buyer, could shoot past the $10 billion mark. ...
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The largest midstreamer in the Texas Delaware will soon introduce its distinct energy brand to producers across the state line. ...
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Adjust your calendar. The IEA is back with its latest energy prognostication of peak fossil fuel demand now attached with a new timetable since the last one didn’t pan out. ...
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Following Occidental’s acquisition of Anadarko, Western Midstream became a standalone business in 2019 with Oxy becoming its general partner. The parent-child relationship has proven fortuitous for both, particularly in their shared basins of the #Permian, #Delaware, #DJ, and the #Powder River where Oxy operates more than 300,000 net acres. ...
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