private equity
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The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota. -
The third quarter marked the first reporting period that two publicly traded US oil and gas companies did not combine since 2022.
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The deal comes only weeks after the private equity firm purchased a natural gas-fired plant operator.
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The deal significantly expands the company’s position in the Bakken Shale play of North Dakota.
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The acquisition underscores the rapid rise of the unconventional oil play in northeastern Utah that producers claim offers better margins than the Permian Basin.
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After another year of significant consolidation in the US shale sector, Enverus has released its annual list of the nation's largest private exploration companies.
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Hunt Energy Network invested $10 million into Quidnet to help scale up the company’s concept for geopressured energy storage to the tune of 300 MW.
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The latest signs that momentum is building in the geothermal space include military bases.
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The deal will quadruple Tokyo Gas' natural gas production volumes from the Haynesville Shale.
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Public companies shoring up inventory leads to a shift in Permian asset ownership.
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