Diamondback Expands Again With $4.1 Billion for Double Eagle
Diamondback Energy Inc. will expand in the Permian Basin after agreeing to acquire subsidiaries of closely held Double Eagle IV Midco LLC for about $4.1 billion, a significant asset boost for the top independent oil producer in North America’s most prolific shale patch.
Texas is facing a major winter storm with extreme cold and snow, which could lead to record-breaking electricity demand. ERCOT has issued a Weather Watch but anticipates having sufficient supply ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
While several other companies could be considered, including Apache ... Permian Basin. By the way, OXY produced 729K Boepd in the Permian Basin during the 3Q24. 2: The Permian Basin: A ...
Permian Resources Corporation (NYSE:PR) is an independent oil and natural gas company with operations focused in the Permian Basin, with assets concentrated in the core of the Delaware ...
to expand into the oil and gas-rich Permian Basin, sending its shares up 4.3%. A dealmaking boom has swept through the U.S. shale industry in the last two years as large producers look to gain ...
One day after President Donald Trump was sworn into office, the future of oil and gas remains in the air ... executive vice president of the Permian Basin Petroleum Association.
Diversified Energy Company will be able to enter the largest shale-oil producing region, the Permian Basin. Diversified Energy is primarily focused on producing and marketing natural gas and ...
Additionally, it was recently announced that Permian Resources has agreed to divest its natural gas and oil gathering systems in the Delaware sub-basin of West Texas to Kinetik Holdings for a ...
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