Industry News
Permian Resources Adds 54,000 Delaware Basin Acres Through $1.05 Billion 2026 Acquisition Program
This article is brought to you by: Charter Pipe, distributors of OCTG products and line pipe Permian Resources reports approximately 190 transactions across its Ward County, Parkway and broader ground-game program while updating its 2026 capital plan to $1.9 billion...
Diamondback Allocates $3.31 Billion to Operated Drilling and Completions Within $3.9 Billion 2026 Capital Plan
Diamondback reports a Permian program that includes 17 drilling rigs, five completion crews, six completed 3-mile U-turn wells, ongoing chemical EOR testing and contracted access to additional long-haul gas takeaway serving Gulf Coast markets. Published by Allstream...
Talos Advances Monument and Daenerys, Sets 2027 Drilling Window With West Vela
Talos Energy’s offshore program includes a second Monument development well, two-well completion work, Daenerys appraisal drilling, a new drillship contract and early-stage positions offshore Mexico and Honduras. Published by Allstream Insiders. Allstream Insiders...
ExxonMobil Advances Uaru FPSO Toward Fourth-Quarter Startup; Louisiana Proxxima Expansion Reaches Final Investment Decision
This article is brought to you by: State Service, leaders in modular design and modular fabrication with a fabrication yard located in Ingleside, TX The fifth Guyana FPSO is designed to add 250,000 barrels per day as ExxonMobil reports $12.974 billion in first-half...
Presidio Closes $83 Million Canyon Creek Acquisition in Oklahoma’s Arkoma Basin
This article is brought to you by: K+B Industries, your trusted supplier of OCTG Tubular Threading Services, machining, manufacturing The transaction adds 55 producing natural gas and NGL wells with approximately 21 MMcfe/d of net PDP production and establishes...
Talos Energy to Acquire Na Kika and Coulomb Deepwater Interests from Shell for $1.7 Billion
This article is brought to you by: State Service, leaders in modular design and fabrication in Ingleside, Texas The joint $1.7 billion Gulf of America transaction would give Talos operatorship of Coulomb and a non-operated interest in BP’s Na Kika platform, subject to...
bp starts up Atlantis Major Facility Expansion project in Gulf of America
This article is brought to you by: State Service, leaders in modular design and fabrication in Ingleside, Texas bp has started up its Atlantis Major Facility Expansion project in the US Gulf of America. Atlantis is located about 150 miles south of New Orleans and has...
$1.25B Acquisition: Expand Energy Corporation to Acquire Twin Eagle, Creating North America’s Leading Integrated Natural Gas Company
North America’s largest natural gas producer will become leading gas marketer, reaching customers across key demand markets in the United States and Canada Transaction will accelerate Expand’s marketing and commercial ambitions, combining industry-leading natural gas...
Magnolia Oil & Gas Announces Acquisition of WildFire Energy for Approximately $4.06 Billion
This article is brought to you by: Charter Pipe, an experienced OCTG supplier, providing casing and tubing solutions supported by a proven global mill network July 20, 2026 Magnolia Oil & Gas Announces Acquisition of WildFire Energy, More than Doubling Giddings...
$1.275B Acquisition: Matador Resources Company Announces Strategic Delaware Basin Acquisitions and Successful Woodford Exploration Well Results
This article is brought to you by: K+B Industries, leaders in turnkey machining of premium threads DALLAS--(BUSINESS WIRE)--Jul. 23, 2026-- Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) announced today two of its catalysts for this year. First, a...