Enterprise Products Partners LP is investing more than $3 billion on a series of new projects to further expand its existing natural gas processing and gathering systems in the Delaware and Midland subbasins of the Permian basin.
Exxon Mobil Chief Executive Darren Woods said on Thursday that he aims to double the amount of oil produced from the company’s U.S. shale holdings over a five-year period using new technologies.
Since the start of the year, there have been a number of billion-dollar-plus deals struck in the Canadian energy sector, including Crescent Point Energy Corp.’s $1.7-billion purchase of Spartan Delta Corp.’s Montney oilfield assets, ConocoPhillips’ approximately $4-billion purchase of TotalEnergies’ Surmont oilsands project, and Suncor Energy Inc.’s $1.47-billion acquisition of Total’s stake in the Fort Hills oilsands mine.
Exxon Mobil subsidiary XTO Energy has agreed to sell oil and gas assets in the Freestone Trend area of East Texas to the Houston-based oil company Hilcorp Energy
As merger-mania in the American shale patch continues to gain momentum, ConocoPhillips is now said to be considering an offer for Permian basin producer CrownRock LP, Reuters reports, citing unnamed sources.
EOG Resources Inc (EOG) is an independent upstream oil and gas company. The company, along with its subsidiaries, explores for, develops, and produces crude oil and natural gas. One of the areas of drilling and exploration for EOG id the Oklahoma Anadarko basin. EOG has drilled 34 wells in Oklahoma since 2019.
The U.S. composite rate has fallen $837 over the past four months from May’s record of $24,460. Even with the slide, the composite rate remains $2,112 higher YOY.
Howard Energy Partners (HEP), through its joint venture, Dos Caminos, LLC (“Dos Caminos”), announced in 2022 plans to expand its capabilities to gather, treat and transport natural gas produced from the Austin Chalk and Eagle Ford shale plays in and around Webb County
A group of Canada’s largest natural gas producers including Tourmaline Oil Corp. and Ovintiv Inc. is pushing forward with a gas-export project called Ksi Lisims LNG and has filed for environmental approval for the 12 million-metric-ton-a-year facility on the West Coast.
Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023.
