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Diversified Energy and Carlyle Forge $2 Billion PDP Partnership
On June 24, 2025, Diversified Energy Company PLC and global investment firm Carlyle announced a landmark partnership to invest up to $2 billion in proved developed producing (PDP)…
Helmerich & Payne Partners, Invests in Abu Dhabi's ADNOC Drilling
Helmerich & Payne and The Abu Dhabi National Oil Company (ADNOC) (and its subsidiary, ADNOC Drilling) have announced a strategic alliance, that will see ADNOC Drilling acquire eight…
Chesapeake, Project Canary Partner for RSG Project in the Marcellus, Haynesville
Project Canary and Chesapeake Energy Corp. launched a pilot partnership to produce certified responsibly sourced natural gas (RSG) at select well pads in the Marcellus and Haynesville shales.…
Shell / YPF to Renew Vaca Muerta Development Plan for 2021
Back in 2017, Shell and YPF signed an agreement to develop the Vaca Muerta. The companies reported an update on its program in the play, commenting that the…
NGL Energy Partners Signs Water Management Agreement with XTO/Exxon
NGL Energy Partners signed a Partnership and has begun receiving produced water from XTO Energy’s (a subsidiary of ExxonMobil Corp.) Poker Lake Development in the Delaware Basin. These…
Mid-Continent - North Texas News
BKV Closes $370MM Bedrock Barnett Acquisition
BKV Corporation (NYSE: BKV) closed its ~$370 million acquisition of Bedrock Production, LLC, acquiring Bedrock Energy Partners’ Barnett Shale assets in a deal that materially expands BKV’s scale…
Crestwood Equity Seals Sendero Midstream Merger Deal, Others
Crestwood Equity Partners LP has closed the previously announced Delaware Basin acquisitions of Sendero Midstream Partners LP for approximately $600 million in cash and First Reserve’s 50% interest…
Evolution Petroleum President & CEO Departs Company
Evolution Petroleum reported that its President and Chief Executive Officer, Jason Brown, is departing the Company in order to pursue other opportunities. The Board of Directors has elected…
Evolution Petroleum First Quarter 2022 Results
Evolution Petroleum reported its first quarter 2022 results. On May 4, 2022 Evolution also declared a quarterly cash dividend of $0.10 per common share for the fiscal 2022…
Crescent Energy Co. First Quarter 2022 Results
Crescent Energy Co. announced financial and operating results for the first quarter of 2022 and increased its quarterly cash dividend by 40% to $0.17 per share. Recent Highlights:…