Exploration & Production - Exclusives

Noble Upgrades Delaware Acreage With Clayton Williams Deal

Noble’s purchase of Clayton Williams will address inventory concerns with the addition of 2,400 locations in the Delaware core.

Jan 17 2017 - 2:45pm

ExxonMobil Steps Up Shale Story With $6.6 Billion Delaware Deal

The acquisition is expected to add 3.4 Bboe, bringing ExxonMobil’s Permian resource base to 6 Bboe, the company said.

Jan 17 2017 - 8:40am

Synergy Heads Off Budget Busting With Wattenberg Acreage Sale

The company increased its available liquidity to about $200 million through the sale of 10,000 acres, about roughly 6% of its production.

Jan 12 2017 - 4:53pm

WPX Hooks $775 Million Bolt-On In Delaware Basin

The bolt-on will increase WPX’s Permian operations to more than 120,000 net acres and deepen its drilling inventory in the Delaware Basin. (Updated 2:37 p.m. CT Jan. 13)

Jan 12 2017 - 3:35pm

Parsley To Acquire 23,000 Net Midland, Delaware Acres

The Austin, Texas-based company added acreage adjacent to its existing Permian operating areas through multiple, unrelated transactions worth about $650 million. (Updated: 2:10 p.m. CT Jan. 11)

Jan 10 2017 - 4:00pm

Comstock Resources Boosts Haynesville Acreage With JV

The arrangement gives Comstock the ability to continue expanding its footprint in the Haynesville while minimizing its upfront cash outlays, an analyst said.

Jan 9 2017 - 10:45am

API Head Hopeful Trump Redefines Energy Policy

Trump may be willing to abide by some of the Paris climate accords, particularly those that jeopardize U.S. trade with a carbon tax.

Jan 6 2017 - 2:55pm

W&T Offshore Hits Oil Pay At GoM’s Mahogany Field

Advanced seismic data helped the company discover additional pay.

Jan 6 2017 - 1:20pm

Abraxas Shrugs Off Delaware Buyer’s Cold Feet

The acreage has already drawn renewed interest and the company’s strong results from its first Delaware test well are ‘extremely compelling,’ an analyst says.

Jan 5 2017 - 12:35pm

Antero, Rex Agree To Warrior South Utica Deal

Rex Energy has divested or announced the sale of about $71 million in assets during the past 12 months.

Jan 4 2017 - 2:37pm

PDC Energy Extends Delaware Position With $118 Million Deal

With the bolt-on, PDC Energy’s net acreage, drilling inventory and estimated reserve potential in the basin are expected to increase by about 10%, CEO Bart Brookman says.

Jan 4 2017 - 8:50am

Appalachian Avalanche: Activist Investor Pushes EQT Merger With Antero, Range

Chapter IV Investors wants to see EQT merge with Range Resources or Antero Resources and envisions one day seeing all three companies combined.

Jan 3 2017 - 2:07pm