THIRD QUARTER HIGHLIGHTS Record quarterly production of 79,123 Boe per day (57% oil), an increase of 37% from the third quarter of 2021 Third quarter GAAP cash flow from operations of $276.8 million. Excluding changes […]
HOUSTON, Nov. 2, 2022 /PRNewswire/ — Ensign Natural Resources LLC (“Ensign”), an exploration and production company operating in the Eagle Ford Shale in South Texas, today announced the sale of its assets to Marathon Oil (NYSE: MRO), for […]
Amid uncertainty in the global economy as a potential recession, the ongoing Russia-Ukraine war and lingering coronavirus concerns in China put a question mark around near-term energy markets, the coming year looks solid for the […]
Small US Gulf of Mexico operator Talos Energy has inked definitive agreements to acquire small privately held EnVen Energy for $1.1 billion, a transaction that bulks the acquiring company in that operating arena and improves […]
U.S. Henry Hub prices have climbed to a record high, Rystad Energy analyst Lu Ming Pang highlighted in a market note sent to Rigzone on Wednesday. The commodity almost hit the $10 per MMbtu mark […]
AUSTIN – Railroad Commission of Texas Chairman Wayne Christian applauds the Texas oil and gas industry following the Texas Comptroller of Public Accounts’ announcement of record-breaking tax revenues from the industry. “Despite President Biden’s delusional desire to […]
DENVER, July 6, 2022 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has reached agreements with two counterparties to sell portions of its assets located in the Uinta and Bakken Basins for total proceeds […]
Highly Accretive Expansion in Northern Delaware Basin Meaningfully Increases Scale THE WOODLANDS, Texas, June 28, 2022 /PRNewswire/ — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into an agreement (the “Agreement”) to acquire […]
AES, Clearway Energy Group, Cypress Creek Renewables, and D.E. Shaw Renewable Investments form buying consortium to purchase 6-7 GW of crystalline silicon solar modules annually to encourage the rapid scaling of domestic solar manufacturing in the […]
June 21 (Reuters) – A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity from plant […]
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