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CEO: Coterra 'Deeply Curious' on M&A Amid E&P Consolidation Wave

Coterra Energy has yet to get in on the large-scale M&A wave sweeping across the Lower 48 but CEO Tom Jorden said Coterra is keeping an eye on acquisition opportunities. ....

New Mexico , United States , Thomas Jorden , Blake Sirgo , Earthstone Energy , Hart Energy , Coterra Energy , Ovintiv Inc , Rystad Energy Senior Analyst Matt Bernstein , Hess Corp , Enverus Intelligence Research , Cimarex Energy Co , Rystad Energy , Mewbourne Oil , Exxon Mobil , Vital Energy , Callon Petroleum Co , Energy Partners , Chesapeake Energy , Cabot Oil Gas Corp , Chevron Corp , Cabot Oil , Cimarex Energy , Enverus Intelligence , Permian Basin , Civitas Resources ,

Williston Warriors: Enerplus' Long Bakken Run Ends in $4B Chord Deal

Chord Energy and Enerplus are combining to create an $11 billion Williston Basin operator. The deal ends a long run in the Bakken for Enerplus, which bet on the emerging horizontal shale play in Montana nearly two decades ago. ....

New Mexico , United States , Williston Basin , North Dakota , Richland County , Enerplu Marcellus , Rextag Enerplu Marcellus , Danny Brown , Andrew Dittmar , Energy Resources , Diamondback Energy , Enerplus Corp , Lyco Energy , Whiting Petroleum , Exxon Mobil , Enverus Intelligence Research , Oasis Petroleum , Chord Energy , Chord President , Enerplus Rextag , West Texas , Pioneer Natural Resources , Endeavor Energy , Endeavor Energy Resources , Burlington Resources , Continental Resources ,

Patterson-UTI Braces for Activity 'Pause' After E&P Consolidations

Patterson-UTI saw net income rebound from 2022 and CEO Andy Hendricks says the company is well positioned following a wave of E&P consolidations that may slow activity. ....

United States , Andy Hendricks , Energy Source , Nextier Oilfield Solutions , With North American , Ulterra Driling Technologies , Hale Plays ,

Comstock Continues Wildcatting, Drops Two Legacy Haynesville Rigs

The operator is dropping two of five rigs in its legacy East Texas and northwestern Louisiana play and continuing two north of Houston. ....

United States , Leon County , Dan Harrison , Roland Burns , Gabriele Sorbara , Jerry Jones , Jay Allison , Siebert Williams Shank Co , Hart Energy , Exchange Commission , Texas Railroad Commission , Comstock Resource , East Texas , Google Maps , Henry Hub , Siebert Williams Shank , Field Development , Rig Counts , Enhanced Oil Recovery , Hale Plays ,

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. ....

Karnes County , United States , Eagle Ford , Stephen Chazen , Chris Stavros , Magnolia Acreage Map Oil Gas , Magnolia Oil Gas , Magnolia Oil , Giddings Field , Austin Chalk , Eagle Ford Shale , Acreage Map , Cquisitions Amp Divestitures , Hale Plays ,