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 January 16, 2025
Company Spotlight, Crude Oil, Natural Gas, Permian, San Juan Basin, Williston Basin

The San Juan Basin extends 7,500 square miles across northwest N.M., and southwest Colo. Natural gas was first discovered here in 1921. Now a spry age of 104, it remains one of the nation’s oldest producing areas with sedimentary rock dating back to mid-Paleozoic times and a collision of supercontinents. ...

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Posted on January 8, 2025
Crude Oil, Eagle Ford, Gathering Systems, Gulf Coast, LNG, Mergers & Acquisitions, Midstream, Natural Gas, Natural Gas Liquids - NGLs, Permian, Pipelines

Midstream steals the show again this week with news of a triple-whammy in the pipeline acquisitions department, and the secret negotiations playing out on a massive pipeline LNG project that’s been considered all but frozen to death. ...

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