Chevron is also expected to offer its northwest Gomez Field in addition to the southeast Gomez Field, which would double the size of the offering in the Delaware Basin, financial adviser EnergyNet said.
Chronic underinvestment will lead to a tighter oil market but most E&P executives see at least some investors returning to the oil and gas market, according to the latest survey by the Federal Reserve Bank of Dallas.
Kimmeridge Energy, which spent more than $100 million to acquire SilverBow Resources stock, recently acquired another Eagle Ford E&P Laredo Energy, an analyst said.
The acquisition of Midcoast’s East Texas business and Align Midstream was announced by Momentum Midstream alongside a new natural gas gathering and carbon capture project in the Haynesville Shale.