CEO: Magnolia Hunting Giddings Bolt-ons that 'Pack a Punch' in '24
Magnolia Oil & Gas plans to boost production volumes in the single digits this year, with the majority of the growth coming from the Giddings Field.
Source: hartenergy.com
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Matador 'Encouraged' as Delaware Horseshoe Wells Lower Drilling Costs
Matador Resources reported promising results—and lower drilling costs—from its first batch of U-shaped “horseshoe” wells in the Permian Basin.
Source: hartenergy.com
Exxon Acquiring Pioneer for $60B as Permian Oil Takes Center Stage
Exxon Mobil is acquiring Pioneer Natural Resources in a megadeal that will reshape the Permian Basin—and the U.S. oil landscape as we know it.
Source: hartenergy.com
Analysts: Exxon-Pioneer Deal Could Usher in Shale M&A Flurry
Exxon Mobil scooping up Permian Basin giant Pioneer Natural Resources in a $60 billion deal could spur other megadeals across the U.S. oil patch, experts say.
Source: hartenergy.com
Diamondback Eyes Further Sales After Exceeding $1B Divestiture Target
Permian Basin pure-play Diamondback Energy monetized more midstream assets in the second quarter—part of a broader $1 billion divestiture plan to shed non-core assets that don’t compete for capital and reduce debt.
Source: hartenergy.com