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Chevron completes $53 billion Hess takeover following lengthy Exxon arbitration

Oil & Gas 360º

(World Oil) – Chevron has completed its $53 billion acquisition of Hess Corporation, having prevailed in an arbitration against ExxonMobil regarding Hess’ offshore Guyana assets, which had delayed the takeover for over a year. offshore operations in Guyana’s Stabroek block.

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What’s New: Mach Enters Permian, San Juan Basins With $1.3 Billion in Deals

Rextag

These acquisitions will give the Anadarko Basin-centered independent producer its first significant footholds in the Permian and San Juan basins, through the purchase of assets from Sabinal Energy and entities managed by IKAV Energy. Mach Natural Resources has signed two definitive agreements totaling $1.3

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Williston Basin White Paper

Oil Gas Leads

Executive Summary: Williston Basin Operator Activity (2023–2025) The Williston Basin remains a critical component of U.S. These operators collectively reflect the basin’s evolution toward capital discipline, lateral length optimization, and refrac innovation. oil production, delivering approximately 1.2–1.3

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Can 100,000 Wells Reveal What Single-Basin Analysis Misses? The Hidden Biases Undermining Unconventional Production Models

Novi

The industry’s obsession with single-basin studies isn’t just limiting our understanding, it might be actively misleading us about what drives production. When More Data Makes Things Worse Here’s the uncomfortable truth: traditional machine learning approaches in unconventional oil and gas are fundamentally broken.

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Peregrine Energy acquires interests in six states, including Delaware Basin

Permian Basin Oil and Gas Magazine

Dallas-based Peregrine Energy Partners said last week it acquired producing and non-producing oil and gas minerals and royalties in six states, including Texas and New Mexico. The Texas and New Mexico assets included more than 400 net mineral acres in Delaware Basin.

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Tejon completes Phase II expansion of Mongoose plant in Mitchell County

Permian Basin Oil and Gas Magazine

Denver-based Tejon Treating and Carbon Solutions said recently it completed Phase II expansion of its Mongoose amine treating plant and gas gathering network to accommodate rising production of sour gas. He said the expansion “reflects the strong need for reliable sour gas gathering and treating infrastructure in this region.”

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Permian Resources Expands Delaware Basin Position with $608M APA Deal

Oil Gas Leads

enhancing its footprint in New Mexico’s northern Delaware Basin. The company is already in active trade talks with every relevant Delaware Basin operator , aiming to optimize both legacy and new assets. Permian Resources Corp. (PR) PR) has announced a $608 million bolt-on acquisition from APA Corp.

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