Prairie’s D-J Bayswater Needs Nearly 70% More Boe/d to Hit Guidance
Denver-Julesburg (D-J) Basin-focused Prairie Operating needs to increase its production by 69% in the second half to meet…
Oxy Sells Permian Assets Valued at $950MM to Reduce Debt
Occidental Petroleum is selling off non-core assets and pushing forward in its debt reduction plan, with four Permian…
Analysts Eye Cash-Flush Plains All American to Make Next Move
Plains All American Pipeline (PAA) has some money to burn—and there are a lot of opportunities to spend…
Greylock Packs a One-Two Punch with ‘Demand-Driven Projects’
You need to be scrappy to survive as a private producer on the small side of the spectrum.…
Widening Bid-Ask Spread Slows US Oil M&A
After a massive surge in consolidation over the past two years, the U.S. oil M&A market is hitting…
US Oil M&A Slows as Valuation Gap Widens Across Sector
After a massive surge in consolidation over the past two years, the U.S. oil M&A market is hitting…
EOG COO: US Shale Peak Near as E&Ps Confront Declines
A top EOG Resources executive agrees U.S. shale oil production has likely peaked and is now in decline.…
ADNOC, Carlyle Offer $18.8B for Australia’s Santos Ltd.
Santos Ltd. has received a non-binding proposal from a consortium of buyers valuing the Australian oil and natural…
‘More is to Come’: Matador’s Foran on Upping Crude Production, 2025 Outlook
Hi, this is Sandy Segrist. I am the senior editor for gas and midstream with Hart Energy. Here…
Constellation Receives PUCT Approval for Calpine Deal
Constellation Energy Corp. has received approval from the Public Utility Commission of Texas for its deal to acquire…
Terrific Turner: Oxy’s ‘Exceptional’ Results from Powder River’s Turner Sands
Occidental is delivering strong well results from the Turner Sand play in Wyoming’s Powder River Basin. The Turner…
Diversified CEO: Gas Fervor Grows on LNG, Midstream Momentum
While operators pared drilling plans in response to falling oil prices last month, Diversified Energy Co. had little…