U.S. Onshore
News
February 24, 2025
Black Gold Exploration Corp. (BGX) has commenced drilling on the Fritz 2-30 oil and gas well in Clay County, Ind. BGX recently acquired a 10% working interest in the well and an option to participate in any offset developmental wells in a 210-acre area of mutual interest from the operator, Adler Energy.
News
February 24, 2025
Atlas Energy Solutions has completed its previously announced acquisition of Moser Energy Systems. The addition of Moser to Atlas’ existing businesses strengthens its portfolio of proppant, logistics (including the Dune Express), and distributed power solutions.
News
February 21, 2025
Centrium Energy Solutions™, a newly launched oil & gas chemical supplier, is aiming to reduce supply chain risks and improve the reliability of upstream and midstream products with a domestic distribution model that solves critical challenges in sourcing, logistics and performance.
News
February 21, 2025
Tokyo Gas Co. will sell its stake in an Eagle Ford shale gas project to Shizuoka Gas Co. for $130 million, amid scrutiny from activist shareholder Elliott Investment Management, which has called for the utility to streamline its portfolio.
News
February 21, 2025
Bowman Consulting Group has entered into a definitive purchase agreement to acquire UP Engineering, a San Antonio, Texas-based firm specializing in civil engineering and surveying services. UP serves clients throughout Texas with a focus on oil and gas, industrial, commercial and residential projects.
News
February 20, 2025
Ecopetrol SA sees “great potential” for E&P activity in Colombia alongside bets on U.S. fracing and offshore gas. Ecopetrol has full ownership of the CPO-09 block in Colombia's oil-rich eastern plains after completing its $452 million acquisition of Repsol SA’s 45% stake.
News
February 18, 2025
Wood has been selected to provide operations and maintenance solutions for MTR Carbon Capture at the world’s largest membrane-based carbon capture plant in Gillette, Wyoming, the global consulting and engineering firm announced.
News
February 18, 2025
Diamondback Energy has entered into a definitive agreement to acquire Double Eagle, significantly expanding its acreage and presence in the Permian basin. The deal holds a value of approximately $4.08 billion, with Diamondback offering up 6.9 million shares of common stock and $3 billion cash in exchange for Double Eagle's assets.
News
February 14, 2025
U.S. President Trump ordered the creation of a White House council focused on steering the U.S. toward “energy dominance,” with the promise of action as soon as next week. The council will be led by Interior Secretary Doug Burgum, with Energy Secretary Chris Wright as its vice-chair.
News
February 14, 2025
Diamondback Energy is in talks to acquire Double Eagle, according to The Wall Street Journal and people familiar with the matter. The deal would be valued at around $5 billion, and a formal announcement could be made in the upcoming days, sources said.
News
February 07, 2025
Bayswater Exploration and Production has entered into an agreement to sell assets in the Denver Julesburg Basin (DJ Basin) to Prairie Operating Company in a cash and stock transaction valued at approximately $603 million.
News
February 07, 2025
(Bloomberg) – New terminal construction faces uncertainty after 2024 U.S. crude exports expanded at the slowest since the COVID pandemic, and U.S. oil-production growth slows as drillers prioritize returns to investors and capital discipline, Chevron said.
News
February 06, 2025
(Bloomberg) – Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the U.S., citing his government’s position against fracing, which he says is destructive to nature and humanity.
Article
January 2025
The Cane Creek play has unconventional tight oil potential but presents drilling challenges. This article revisits its viability in modern horizontal drilling techniques and proposes a redefined approach to hydraulic fracturing that prioritizes detailed characterization of stress states and fracture dynamics.
News
February 05, 2025
"We could not be more proud of Leslie's appointment as Assistant Secretary of Land and Minerals Management. Her unwavering commitment to the energy sector and her innate ability to bring stakeholders together will serve the Department of the Interior well," the EWTC stated.
News
February 04, 2025
Argent LNG has selected Baker Hughes as the liquefaction solution and related services provider for its proposed LNG export facility in Port Fourchon, La. The facility is set to deliver approximately 24 million tonnes per annum (MTPA) of liquefied natural gas.
News
February 03, 2025
Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of Rodeo Midland Basin LLC under the joint-venture first established in July 2019.
News
January 31, 2025
Crescent Energy Company announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million, consisting of $830 million in cash and 5,454,546 shares.
News
January 31, 2025
(Bloomberg) – Chevron Corp. plans to increase oil production by as much as 10% in the Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.
News
January 30, 2025
Elk Range Royalties has announced its acquisition of Newton Financial Corporation, LP, Concord Oil Company, LP, and Mission Oil Company, (Newton/Concord) in a strategic move to expand its footprint across premier oil and gas producing regions in Texas.
News
January 28, 2025
Coterra Energy has completed its previously announced acquisitions consisting of certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of approximately $3.9 billion.
