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EOG Resources $5.6B Bet on the Utica: What It Could Mean for the Wider M&A Market 

Enverus

This move marks EOG’s first major acquisition since its 2016 purchase of Yates Petroleum. Historically, EOG has favored organic growth, focusing on early-entry positions in core shale plays like the Delaware Basin and Eagle Ford. The Utica and Uinta Basin are gaining attention, despite offering significantly less scale.

IT 130
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

million tons per annum [Mtpa,] commercial operation date [COD] 2016); Heidelberg Material’s cement plant in Brevik, Norway (0.4 Gassnova participated in the feasibility studies in 2016 and completed the front-end engineering and design (FEED) studies for the CO 2 storage project in September 2019. Mtpa, COD 2022).

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EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

About Ron Gusek Ron Gusek is the CEO of Liberty Energy, after serving as President since November 2016. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. The conference is free for qualified investment professionals.

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Valor | Energy Connection – June 23, 2025

Valor

million barrels a day from 2016-2019 has spurred a 9% rally in a basket of related U.S. resilience stems from shifting from importing 14 barrels per capita in 1977 to net exporting 2.5 barrels per capita today, making the nation the world’s largest seller of LNG. Shale’s ability to add 4.2 Read more Chevron enters U.S.

Energy 52
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Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America

Oil & Gas 360º

The Permian basin has become one of the most productive oil fields in the world, Fig. America has 48 Bbbl of proven oil reserves, 4 and since 2016, Texas has accounted for 40% of that. America has 48 Bbbl of proven oil reserves, 4 and since 2016, Texas has accounted for 40% of that. The Texas success story.

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Tenaris Service Center in Midland Gets $16M Expansion

Permian Basin Oil and Gas Magazine

28 the expansion of its service center located in Midland, Texas, citing its desires to meet the growing demand of customers in the Permian Basin and other key shale plays across the United States. Since its opening in 2016, Tenaris has invested $40 million in the Midland service center. Pipe manufacturer Tenaris announced Feb.

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EOG makes its M&A move, bets big on the Utica in $5.6B Deal

Enverus

Targeting this area provided for a significantly less expensive acquisition cost for undeveloped locations than what could be found in the Permian while also getting a much less developed asset than what would be available at scale in areas like the Eagle Ford and Williston Basin.

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