Top Stories

Permian Producers’ Greatest Challenge: Above-Ground Constraints Vs. Takeaway

Executive Oil Conference panel said Permian Basin producers know the rock; the surface issues are the basin’s greatest hurdles.

Nov 13 2018 - 4:00pm

Pioneer Sells Pressure Pumping Assets To ProPetro For $400 Million

The sale of the company’s pressure pumping business to ProPetro will bring Pioneer Natural Resources’ divestiture proceeds for the year to roughly $900 million.

Nov 13 2018 - 10:00am

Forty Under 40: Stew Fuller, Lucid Energy Group

Stew Fuller, vice president of finance at midstream services provider Lucid Energy Group which has operations in the Permian Basin, is today’s Forty Under 40 honoree.

Nov 13 2018 - 7:30am

Diamondback Energy Reveals $313 Million Midland Basin Bolt-on Acquisition

Despite an already blockbuster quarter of M&A activity, Diamondback snuck in a bolt-on acquisition in the Midland Basin that CEO Travis Stice said was too good of an opportunity to pass up.

Nov 12 2018 - 3:35pm

What’s Affecting Oil Prices This Week (Nov. 12, 2018)?

Brent fell $3.25/bbl last week to average $71.64/bbl.

Nov 12 2018 - 1:53pm

Corporate Oil And Gas M&A Gains Altitude After $13 Billion Week

Analysts predict the massive deals week comprised of three separate transactions by Chesapeake Energy, Encana and Denbury is just the “tip of the M&A iceberg that will emerge in 2019.”

Nov 12 2018 - 9:00am

Forty Under 40: Bradley Epstein, Citigroup

Today’s Forty Under 40 honoree is Bradley Epstein, a Citigroup director who has been a part of numerous transactions in “the changing landscape of MLPs and midstream infrastructure companies.”

Nov 12 2018 - 7:35am

Raymond Plank, Founder Of Apache Corp., Passes Away

The legendary oilman died on Nov. 9 while at his beloved ranch, Ucross, outside Sheridan, Wyo. He was 96.

Nov 9 2018 - 1:32pm

Brent Crude Enters Bear Market, Drops Below $70

Brent crude oil dropped below $70 a barrel on Nov. 9 for the first time since April.

Nov 9 2018 - 11:23am

Parsley Energy’s Bryan Sheffield Signs Off As CEO

As part of creating value, Parsley Energy is also divesting what it called “tail-end inventory” in the Southern Midland Basin for about $170 million.

Nov 9 2018 - 8:00am

Forty Under 40: John C. Eads, Sierra Resources

Today’s Forty Under 40 honoree is John C. Eads, president and CFO of Sierra Resources which operates in the Eagle Ford Shale and Olmos Formation in South Texas.

Nov 9 2018 - 6:00am

HEADLINES: Ballot Battle Duds; Williston’s New Player

Voters in Colorado, Washington and Arizona this week rejected efforts to curb oil and gas usage, but new battles loom. Also, Vantage Energy agreed to buy QEP Resources’ Williston Basin foothold.

Nov 8 2018 - 4:15pm