Companies - Exclusives

Earthstone Boosts Midland Footprint With $950 Million Sabalo Acquisition

Earthstone Energy agreed to acquire EnCap-backed Sabalo, which is expected to more than double the company’s Midland Basin footprint.

4:45 pm

Ultra Petroleum Relocates To Denver Area Following Utah Exit

As a result of the $75 million sale of its Utah asset, Ultra’s portfolio now consists only of its Pinedale Field position in Southwest Wyoming.

3:15 pm

HEADLINES: Hurricane Michael’s Effect On Oil, Gas Production

Plus, Exxon Mobil donates to a PAC promoting U.S. carbon tax, offshore drillers Ensco and Rowan agree to merge and Chevron exits Norway.

October 11, 2018

Apache CEO Shares Insight On Permian’s Alpine High

Perceptions have changed for the better for the emerging oil and gas play as activity increases and others move into the neighborhood.

October 11, 2018

DGO Continues Appalachia Buildout With $183 Million Acquisition

Diversified Gas & Oil, known as DGO, said it acquired Core Appalachia Holding, a conventional producer and processor of natural gas in the southern Appalachian Basin.

October 11, 2018

Antero To Simplify Midstream In ‘Win-Win-Win’ Transaction

Antero Midstream is set to combine with its general partner and emerge as a C-corp entity under a new moniker.

October 9, 2018

Earthstone Targets Acreage Trades To Boost Permian Laterals

Analysts estimate Earthstone tacked on a net increase of 2,677 acres to its position in the Midland Basin for less than $6,000 per acre.

October 8, 2018

Sundance Goes ‘All In’ On The Eagle Ford Shale

The Denver-based independent Sundance typifies the new Eagle Ford narrative where technically astute private equity-backed younger management teams are revitalizing the play.

October 8, 2018

Dry Gas Pursuit Returns In Eagle Ford Shale

The industry has come full circle since the initial discovery of the Eagle Ford Shale in South Texas, a panel of dry gas producers told DUG Eagle Ford attendees.

October 5, 2018

Study: Supermajors Remain Pressured Despite Cost Efficiency Gains

Whether the cost reductions are sustainable remains to be seen, but collaboration and risk-sharing could be crucial, according to a study.

October 3, 2018

Mineral’s Kingdom Come

Mineral companies continue to proliferate despite a crowded marketplace, but the Permian Basin’s rise in drilled but uncompleted wells are choking revenue.

October 1, 2018

Executive Q&A: Oasis Goes South

Long-time Bakken Shale pure-player Oasis Petroleum Inc. earlier this year expanded its portfolio into the competitive Delaware Basin through a large, equity-funded acquisition. Is the deal an expansion of its program, or the prelude to an eventual portfolio makeover? Or both?

October 1, 2018

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