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Permian oil drilling rights jump to pre-COVID levels amidst mega shale deals

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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Occidental to acquire oil driller CrownRock for $12 billion

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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Which Occidental Assets Will Hit Chopping Block After $12B CrownRock Deal?

After weeks of market speculation, Occidental announced plans to acquire private E&P CrownRock LP for $12 billion, adding core Midland Basin inventory and more upside from deeper zones underground.

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Permian oil drilling rights jump to pre-COVID levels amidst mega shale deals

Occidental Petroleum Corp.’s $10.8 billion takeover of CrownRock LP equates to more $50,000 per acre for rights to drill some of the richest oil deposits in the hemisphere, according to data-analysis and research firm Enverus Inc.

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Occidental (OXY) Financing CrownRock Acquisition Without Warren Buffett's Help

Occidental (OXY) Financing CrownRock Acquisition Without Warren Buffett's Help
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Occidental Finances $10.8 Billion CrownRock Deal Without Buffett's Help

Occidental Finances $10.8 Billion CrownRock Deal Without Buffett's Help
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Occidental Finances $10.8 Billion CrownRock Deal Without Buffett's Help

(Bloomberg) -- Occidental Petroleum Corp. plans to finance its biggest takeover in more than four years without the assistance of top shareholder Warren Buffett.Most Read from BloombergAbu Dhabi Is the World’s Newest Wealth Haven for BillionairesJack Ma’s Biggest E-Commerce Rival Is Coming for AmazonBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000India Court Upholds Modi’s Move to Scrap Kashmir’s AutonomyA Record High Is in the Cards for US Stocks in 2024In a turnabout from the b

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Occidental to Buy Oil Driller CrownRock for $10.8B

Occidental to Buy Oil Driller CrownRock for $10.8B
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Occidental to Buy Oil Driller CrownRock for $10.8 Billion

Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock deal valued at about $10.8 billion as consolidation heats up…

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