Here’s a roundup of the latest E&P headlines, including development of the Belinda Field in the North Sea to new contract awards and service company acquisitions.
Following the transaction’s close, Overseas Shipholding Group Inc. will operate as a standalone business unit within Saltchuk.
Joe Foran built the Matador Resources brand from friends-and-family financing into an $8 billion company. Foran, Matador’s chairman and CEO, still sees a long runway for growth in the Delaware Basin.
APA Corp. and subsidiary Apache are selling more than $700 million in non-core assets in the Permian Basin and Eagle Ford Shale—part of a plan to reduce debt after a $4.5 billion acquisition of Callon Petroleum.
Here’s a roundup of the latest E&P headlines, including development of the Belinda Field in the North Sea to new contract awards and service company acquisitions.
Following the transaction’s close, Overseas Shipholding Group Inc. will operate as a standalone business unit within Saltchuk.
Joe Foran built the Matador Resources brand from friends-and-family financing into an $8 billion company. Foran, Matador’s chairman and CEO, still sees a long runway for growth in the Delaware Basin.
APA Corp. and subsidiary Apache are selling more than $700 million in non-core assets in the Permian Basin and Eagle Ford Shale—part of a plan to reduce debt after a $4.5 billion acquisition of Callon Petroleum.
Key Energy Services’ deal comes as Endeavor Energy Resources is selling its upstream assets to Diamondback Energy.
Iberdrola said its acquisition of the remaining stake in Avangrid Inc. is intended to increase its exposure in the U.S.
The combination of Crescent Energy and SilverBow Resources will yield one of the Eagle Ford’s top producers—and the pro forma E&P could look to gobble up more acreage in South Texas after closing.
Kimmeridge Energy Engagement Partners’ Mark Viviano says the company is evaluating the Crescent Energy and SilverBow Acquisition and how Kimmeridge played a key role in transforming the shale sector in this Hart Energy Exclusive interview.
The Shale 3.0 era or capital discipline era will be followed by the Shale 4.0 era, which will see companies focused on building scale, according to Rystad Energy Senior Shale Analyst Matthew Bernstein.
Diamondback Energy’s President and CFO Kaes Van't Hof also addressed new Permian exploration and the lack of “fun” dealing with the FTC on its deal to buy Endeavor Energy Resources.