Industry News
ADIPEC Technical Conference receives record-breaking 5,977 submissions
This Article is Brought to you By: Total submissions increased by 16% over last year to nearly 6,000 38% increase in submissions for Energy Transition and Decarbonisation and 32% increase in submissions for AI and Digital Transformation categories Submissions reveal...
$5 Billion Acquisition: Devon Energy Announces Strategic Acquisition in the Williston Basin and Expands Share-Repurchase Authorization by 67 Percent to $5 Billion
This Breaking Article is Brought to You by: OKLAHOMA CITY, July 08, 2024 (GLOBE NEWSWIRE) -- Devon Energy (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction...
Approx $1.9 Billion – Matador Resources Company Announces Strategic Bolt-On Delaware Basin Acquisition Ameredev
DALLAS--(BUSINESS WIRE)--Jun. 12, 2024-- Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC...
Approx $1.6 Billion: Noble Corporation plc announces agreement to acquire Diamond Offshore Drilling, Inc.
SUGAR LAND, Texas, June 10, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE) (NYSE: NE) and Diamond Offshore Drilling, Inc ("Diamond") (NYSE: DO) announced today that they have entered into a definitive merger agreement under which Noble will acquire...
May 31: Chord Energy and Enerplus Complete Combination, Creating Premier Williston-Focused E&P Company
This Article is Brought to you by: HOUSTON, May 31, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") and Enerplus Corporation (TSX: ERF) (NYSE: ERF) ("Enerplus") announced today the completion of their previously...
BREAKING $22.5 Billion Deal: ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update
These Breaking News Brought to you by: Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings...
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Crescent Energy to Acquire SilverBow Resources for $2.1 Billion, Creating a Leading Growth Through Acquisition Company with a Premier Eagle Ford Position
These breaking news brought to you by: Combined company to be the second largest operator in the Eagle Ford Creates leading mid-cap E&P with scaled, balanced portfolio of high-quality assets Substantial free cash flow generation with disciplined capital allocation...
APA Announces over $700 Million in Asset Sales from Two Transactions for Non-core Texas Properties
May 20, 2024 HOUSTON, May 20, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today the sale of non-core producing properties by Apache Corporation and certain of its subsidiaries in two separate transactions with aggregate proceeds of more than $700...
TSC Drill Pipe Launches TSC HOIST
TSC Drill Pipe, a leading oilfield equipment company, has launched TSC HOIST (Hands On Interactive Support and Training), a new customer-centric program. The initiative aims to enhance customer service in drill pipe operations and maintenance through personalized...