Remove Basin Remove Upstream Remove Webinar
article thumbnail

Navigating the M&A Landscape in 2025: Insights for Small to Mid-Sized Upstream Operators

Enverus

The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. Smaller deals are still occurring, particularly in conventional plays and areas outside major basins. We recently had a webinar on this very topic!

Upstream 130
article thumbnail

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

Enverus

Historically, EOG has favored organic growth, focusing on early-entry positions in core shale plays like the Delaware Basin and Eagle Ford. Implications for the Wider M&A Market This transaction is significant not just for EOG, but for the entire upstream M&A landscape. Key takeaways: EOG re-enters M&A  with a $5.6B

IT 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Equinor announces Brazil exploration block award

Oilfield Technology

Equinor has deepened its position in the Santos basin after winning the S-M-1617 block during Brazils 5th Open Permanent Concession bid round. The license is in close proximity to the S-M-1378 block we already own, an area with strong potential that we can leverage to reinforce our position in the Santos basin.

article thumbnail

Strategies for Operators to Stay Ahead in a Hot M&A Market

Enverus

upstream M&A reaching $105 billion in 2024the third highest as recorded by Enverusthe market shows no signs of slowing down, with high price tag deals being driven by the scarcity of high-quality inventory. Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1]

Operator 130
article thumbnail

Reusing produced water

Oilfield Technology

Then the Texas Railroad Commission initiated a program to monitor seismic activity focused on the Permian Basin. Their investment in pipelines, storage lagoons, and treatment facilities drastically reduced the cost of treating and moving PW around the basin. Ultimately this program led to SRAs and curtailment of volumes to some SWDs.