A $300 million sale of oil and gas assets on the western edge of the Permian Basin closed last week as the shale region continues its rise in production. Callon Petroleum Company of Houstan said ...

Earthstone Energy Inc said on Thursday it would buy Novo Oil & Gas Holdings for $1.5 billion in a bid to boost its presence in the Delaware Basin.

A Denver-based oil and gas company entered the Permian Basin through almost $5 billion in two transactions for lands and assets in the Delaware and Midland sub-basins. Civitas Resources announced ...

Earthstone Energy (ESTE) said it agreed to acquire Novo Oil & Gas Holdings for $1.5B. Northern Oil and Gas (NOG) will buy one third of the Novo oil and gas assets from Earthstone for $500M.

The report found the Permian Basin landscape was subsiding on average by about 3 to 4 centimeters each year due to increased oil and gas production.

An about $4.3 billion deal saw a Delaware-based oil and gas company buy out Permian Basin assets of three different companies, as the buyer exits the Bakken shale in North Dakota to focus on the ...

Kinetik Holdings has signed a definitive agreement to acquire natural gas and crude oil gathering systems in Reeves County, Texas, US, from Permian Resources.

Oil production grew throughout 2023 in the Permian Basin, and multiple companies ended the year acquiring assets in the region and hoping for more growth next year. Houston-based Battalion Oil ...

An about $4.3 billion deal saw a Delaware-based oil and gas company buy out Permian Basin assets of three different companies, as the buyer exits the Bakken shale in North Dakota to focus on the ...