April 4, 2023, 12 AM MDT
April 4, 2023, 10:23 AM MDT
April 4, 2023, 12 AM MDT
Ovintiv Inc. has entered into a definitive purchase agreement to acquire substantially all leasehold interest and related assets of Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources, which are portfolio companies of funds managed by EnCap Investments L.P., in a cash and stock transaction valued at approximately $4.275 billion.
April 3, 2023, 5:08 AM MDT
Here are highlights of Ovintiv Inc.’s Permian deal announced this morning.
April 3, 2023, 5:28 AM MDT
Ovintiv Inc.’s acquisition of three private Permian operators provides the company with running room needed to deliver long term sustainable returns to shareholders, company president and chief executive officer Brendan McCracken told analysts at a conference call Monday morning announcing the acquisitions.
April 3, 2023, 1:04 PM MDT
The U.S. rig count is down three from last week to 755 with oil rigs down one to 592, gas rigs down two to 160 and miscellaneous rigs unchanged at three.
March 31, 2023, 11:11 AM MDT
March 31, 2023, 9:56 AM MDT
March 31, 2023, 7:32 AM MDT
New modelling by the Energy Information Administration (EIA) shows that the U.S. will make significant progress in emissions reduction thanks to the passing of the Inflation Reduction Act (IRA). But because the U.S. will remain a net exporter of natural gas and oil until 2050 under most scenarios, there will be a limited impact on upstream gas production.
March 30, 2023, 9:53 AM MDT
March 30, 2023, 12 AM MDT
March 30, 2023, 12 AM MDT
March 30, 2023, 8:07 AM MDT
March 29, 2023, 10:41 AM MDT
March 29, 2023, 8:11 AM MDT
March 28, 2023, 12 AM MDT
Energy Transfer LP and Lotus Midstream LLC have entered into a definitive agreement pursuant to which Energy Transfer will acquire Lotus Midstream Operations, LLC in a transaction valued at approximately $1.45 billion from an affiliate of EnCap Flatrock Midstream (EFM).
March 27, 2023, 5:54 AM MDT
March 24, 2023, 11:24 AM MDT
March 24, 2023, 12 AM MDT
March 24, 2023, 5:29 AM MDT
March 22, 2023, 9:30 AM MDT
The U.S. rig count is up eight from last week to 754 with oil rigs down one to 589, gas rigs up nine to 162 and miscellaneous rigs unchanged at three.
March 17, 2023, 11:03 AM MDT
March 17, 2023, 12 AM MDT
March 17, 2023, 12 AM MDT
Exxon Mobil Corporation announced the successful startup of its Beaumont refinery expansion project, which adds 250,000 bbls/d of capacity to one of the largest refining and petrochemical complexes along the U.S. Gulf Coast.
March 16, 2023, 5:31 AM MDT
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