This is your Hart Energy A&D Minute with Jordan Soto and powered by FORVIS.
Summit Midstream Partners is getting bigger in the DJ Basin after acquiring pipelines and other infrastructure companies like Outrigger Energy II for a total of $305 million.
Diamondback Energy brought the first of its two recent mega deals across the finish line. It's closing its acquisition of Firebird Energy, even though their asking price ended up being—how much more? Read the article here to find out.
And who doesn't like a David and Goliath story? That's how Phoenix Capital Group, a royalty and minerals buyer, describes its struggle building an "acquisition machine" that recently scored a $33 million Colorado deal. Get the full scoop here.
That’s your Hart Energy A&D Minute powered by FORVIS, a Top 10 public accounting firm helping energy and natural resources companies succeed in a volatile market.
Also, watch new A&D Minute episodes every Wednesday, and don’t forget to sign up for our A&D Watch newsletter at HartEnergy.com/newsletters/ad-watch.
Recommended Reading
Axis Energy Deploys Fully Electric Well Service Rig
2024-03-13 - Axis Energy Services’ EPIC RIG has the ability to run on grid power for reduced emissions and increased fuel flexibility.
Tech Trends: AI Increasing Data Center Demand for Energy
2024-04-16 - In this month’s Tech Trends, new technologies equipped with artificial intelligence take the forefront, as they assist with safety and seismic fault detection. Also, independent contractor Stena Drilling begins upgrades for their Evolution drillship.
Tech Trends: Safety, Speed, Savings: Automation is Transforming Drilling
2024-03-26 - Drilling is getting smarter through automation, delivering efficiency, consistency and reliability.
OTC: E&Ps Improving Operational Safety with Digitization
2024-05-13 - Artificial intelligence and the digitization of the oilfield have allowed for several improvements in keeping operators out of harm’s way, panelists said during the 2024 Offshore Technology Conference.
TGS Starts Up Multiclient Wind, Metaocean North Sea Campaign
2024-05-07 - TGS is utilizing two laser imaging and ranging buoys to receive detailed wind measurements and metaocean data, with the goal of supporting decision-making in wind lease rounds in the German Bright.