Matador Resources Company (NYSE: MTDR) announced on July 23, 2026, a pair of strategic bolt-on acquisitions in the Delaware Basin totaling approximately $1.475–$1.48 billion. The larger deal involves the purchase of Paloma Permian LLC, an EnCap Investments portfolio company, for $1.275 billion in cash. A smaller complementary transaction with Ridge Runner Resources II LLC (also […]
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The Delaware Basin, the western half of the mighty Permian, is buzzing with deal-making energy. According to Reese Energy Consulting’s May 21, 2026, update, “Looks like the Delaware this week is host of Party Central in Perm Town for upstream M&A and a midstream FID.” With crude prices volatile and recently tipping toward $100 per […]
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Devon Energy (NYSE: DVN) has secured a major expansion of its premier position in the Delaware Basin, acquiring 16,300 net undeveloped acres in the core of the play in Lea and Eddy Counties, New Mexico, for approximately $2.6 billion through a Bureau of Land Management (BLM) oil and gas lease sale. The deal, announced on […]
Continue ReadingDaily Standup Top Stories ADNOC Moves Ahead With Huge LNG Export Project in UAE June 12, 2024 Mariel Alumit Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. […] U.S. LNG […]
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