Monday, April 28, 2025

Kimmeridge Energy Joins Forces with Desert Royalty

By Tyler Losier, Energy Reporter, Oil & Gas 360 Newly-formed Desert Peak Minerals to be largest pure-play mineral royalty company in Delaware Basin Kimmeridge Energy Management Company, a private equity firm focused on acquiring unconventional oil and gas assets, has entered into a definitive agreement with Desert Royalty Company to combine the two companies’ assets to form Desert Peak Minerals.

Upstream Oil Merger: Callon Acquires Carrizo in $3.2 Billion Texas Combo - Oil & Gas 360

Upstream Oil Merger: Callon Acquires Carrizo in $3.2 Billion Texas Combo

By Tyler Losier, Energy Reporter, Oil & Gas 360 Callon adds oil-weighted assets in the Permian and Eagle Ford through all-stock transaction Callon Petroleum Company (stock ticker: CPE), an independent E&P focused on unconventional assets in the Permian, has struck a deal with Houston-based Carrizo Oil & Gas (stock ticker: CRZO) to acquire the company in an all-stock transaction worth

Summit Midstream Partners Makes FID, Forms JV - Oil & Gas 360

Summit Midstream Partners Makes FID, Forms JV

By Tyler Losier, Energy Reporter, Oil & Gas 360 Summit Midstream to proceed with Double E pipeline project Summit Midstream Partners (stock ticker: SMLP) has made a final investment decision to proceed with its Double E pipeline project, after having secured sufficient commitments pursuant to binding precedent agreements for long-term, firm transportation service. The company also executed a definitive joint

New NatGas Gathering, Processing System Heading to the Delaware - Oil & Gas 360

New NatGas Gathering, Processing System Heading to the Delaware

By Tyler Losier, Energy Reporter, Oil & Gas 360 Brazos Midstream and Shell E&P sign exclusive deal Brazos Midstream, a major Delaware Basin midstream player, has signed a 15-year gathering and processing agreement with Shell Exploration and Production. The deal will allow Brazos to construct a new natural gas gathering system in the region spanning across Loving, Ward, and Winkler

Whistler Pipeline Project Reaches FID - Oil & Gas 360

Whistler Pipeline Project Reaches FID

Multifaceted partnership will proceed with design and construction A partnership involving several midstream companies and private equity firms has reached a final investment decision for the Whistler pipeline project, expected to run 475 miles and transport approximately 2 billion cubic feet of natural gas per day (Bcf/d). The 42-inch pipeline will run from Waha, Texas to the Agua Dulce region

Delaware Basin Takeaway Grows: Howard Energy Partners Adds Crude, Gas Gathering Capacity

Additional acreage dedication will drive further growth By Richard Rostad, analyst, Oil & Gas 360 Additional gas takeaway has arrived for the Delaware Basin, helping to alleviate the worst takeaway crunch in U.S. shale. Howard Energy Partners announced it has completed several projects in the Delaware, bringing significant volumes of processing and takeaway online. Howard has extensive operations in the

Northern Delaware : $890 Million for Water: Acquisition Creates Largest Water Transportation, Disposal Company in the Delaware Basin - Oil & Gas 360

$890 Million for Water: Acquisition Creates Largest Water Transportation and Disposal Company in the Delaware Basin

Tulsa’s NGL Energy Partners LP (ticker: NGL) will combine all of the assets of Mesquite Disposals Unlimited, LLC with NGL’s Water Solutions business for approximately $890 million on a cash-free, debt-free basis. The assets consist of a fully interconnected produced water pipeline transportation and disposal system in Eddy and Lea Counties, New Mexico, and Loving County, Texas.  Pro forma for the Mesquite assets, NGL’s permitted disposal capacity will nearly double

Chevron CEO Michael Wirth Talks about what Chevron is Getting with the Acquisition of Anadarko

Chevron (stock ticker: CVX, $CVX) Chairman and CEO Michael Wirth went on the morning cable business shows and hosted a conference call today, saying his company’s acquisition of Anadarko Petroleum (stock ticker: APC, $APC) is “the highest return investment dollar that we can spend.” During his company’s conference call, Wirth responded to analyst questions about plunking down $33 billion in