After snapping up the largest, privately held, pure-play operator in the Midland last February, Texas-based Diamondback Energy (FANG) emerged a Permian force of nature....
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Might Texas-born Bob Simpson be looking to build back the Williston Basin powerhouse he created more than a decade ago? Back in 2010, the company Simpson founded in 1986—XTO Energy—merged with Exxon in a $41 billion all-stock deal pronounced one of the largest transactions in history for an independent oil and gas company. ...
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Producers in the Haynesville this year have no doubt endured quite the teeter-totter ride. That’s mostly due to low-down-dirty natural gas prices that have taken a whippin’ stick to operators working their assets off in the nation’s third-largest natural gas basin....
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Gene Shepherd is packing a punch in the Permian’s southern Delaware hood, where drilling rigs and pumpjacks operated by neighbors like Diamondback Energy, Continental Resources, and XTO, mechanically hum their tunes in cadences that can either lullaby a producer to sleep or keep him mercilessly awake at night....
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As they say, when one door closes another door opens. But in the case of Midland, Texas-based Diamondback Energy this week, that old expression with one negative translates to a big positive all the way around. ...
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If all goes according to plan, December could prove a Christmas to remember for Permian producers with a ticket to ride on the Matterhorn Pipeline sleigh....
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