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Silver Hill Energy Partners Enters Bakken with Liberty Resources Acquisition
February 20, 2024
Silver Hill Energy Partners has signed definitive agreements with Liberty Resources to acquire Liberty’s interests in oil and gas properties, rights and related assets in North Dakota and 100 percent of Liberty Midstream Solutions, a midstream oil and gas company
Midway Energy Partners Secures Equity Commitment from Post Oak Energy Capital
February 20, 2024
Midway Energy Partners has closed on an equity commitment from investment funds managed by Post Oak Energy Capital. The company seeks to leverage its execution capabilities in an “acquire and exploit” strategy across a pipeline of opportunities throughout the Permian
Vital Energy Closes $78 Million Acquisition of Working Interests in the Permian Basin
February 20, 2024
Vital Energy has closed on the second acquisition of additional working interests in producing assets associated with the recent asset acquisition from Henry Energy, Moriah Henry Partners, and Henry Resources for total consideration of approximately $78 million. “We are pleased
Murphy Oil Promotes Eric Hambly to President and COO, Ted Botner to Executive Vice President
February 20, 2024
Murphy Oil Corporation has appointed Eric Hambly as president and chief operating officer and Ted Botner to executive vice president. “I would like to congratulate Eric on his appointment and look forward to working with him in his new role.
Tellurian Receives FERC Extension for Driftwood LNG, Louisiana
February 19, 2024
Tellurian has secured a three-year deadline extension from the U.S. Federal Energy Regulatory Commission (FERC) for the completion of construction of the Driftwood LNG facility on the U.S. Gulf Coast. The extension allows the American natural gas company to complete
TechnipFMC Secures iEPCI Contract for Sparta Offshore Development, Gulf of Mexico
February 19, 2024
TechnipFMC has won an integrated engineering, procurement, construction, and installation (iEPCI) contract from Shell for the Sparta deepwater development project in the U.S. Gulf of Mexico. The energy industry contractor did not reveal the exact value of the contract but
U.S. Drillers Cut Oil and Gas Rigs for Second Time in Three Weeks
February 19, 2024
U.S. energy firms last week cut the number of oil and natural gas rigs operating for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
Prairie Operating to Acquire Nickel Road Operating’s D-J Basin Assets for $94.5 Million
February 16, 2024
Prairie Operating Co. has entered into a definitive agreement to acquire the assets of Nickel Road Operating (NRO) for a total consideration of $94.5 million, subject to certain closing price adjustments and other customary closing conditions. The effective date of
Permian Resources Continues Buying Spree in New Mexico
February 16, 2024
Permian Resources Corporation has made a series of recent portfolio optimization transactions consisting of two bolt-on acquisitions, a sizeable acreage swap, a divestiture of non-core assets, and additional grassroots acquisitions. “Since closing the Earthstone transaction, Permian Resources has added 14,000
Chesapeake Enters into Long-term LNG Offtake Agreement with Delfin LNG and Gunvor
February 16, 2024
Chesapeake Energy, Delfin LNG, and Gunvor Group entered into a liquefied natural gas (LNG) export deal that includes executed sales and purchase agreements (SPA) for long-term liquefaction offtake. Under the SPA, Chesapeake will purchase approximately 0.5 million tonnes (mtpa) of
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