Dallas Fed: Trump Can Cut Red Tape, but Raising Prices Trickier
U.S. oil and gas executives expect fewer regulatory headaches under Trump but some see oil prices sliding, according to the fourth-quarter Dallas Fed Energy Survey.
Coterra Notches Year-End Permian Deal for $43MM
Coterra Energy will buy an additional 1,650 net royalty acres from Sandia Minerals LLC, the interests of which are owned by Franklin Mountain Royalty Investments, for $43 million.
E&P Highlights: Dec. 30, 2024
Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.
Hirs: Expansive Energy Policies Set to Shape 2025 Markets
The incoming administration’s policies on sanctions, tariffs, regulations and deportations will impact the oil and gas industry.
Permian Operators Cut Methane Emissions by 26% in 2023, S&P Global Says
S&P Global credits improved equipment and technology for helping with methane emissions reductions in the Permian Basin.
NOG: Company Not in ‘Formal Negotiations’ to Buy Granite Ridge
Northern Oil and Gas, responding to media reports that it has made two offers for Granite Ridge Resources, said it’s not engage in formal negotiations to buy the company.
Reuters: Northern Oil and Gas in Bid to Acquire Smaller Rival Granite Ridge, Sources Say
Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, according to people familiar with the matter.
LandBridge Closes Deal for 46,000 Surface Acres in Delaware Basin
LandBridge Co., which held a successful IPO in August, added about 53,000 acres and now holds about 273,000 acres.
Matador’s Stake in San Mateo JV Rises to $1.5B After Pipeline Deal
Matador Resources closed a deal adding subsidiary Pronto Midstream to its 51%-owned joint venture with Five Point Energy.
Diamondback Subsidiary to Invest $50MM in Verde Clean Fuels
Diamondback Energy subsidiary Cottonmouth Ventures LLC’s investment will consist of buying 12.5 million shares of Verde Class A common stock, making Cottonmouth the company’s second largest shareholder.