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Latest signals from rigs, permits, deals and basin activity

Key Industry Indicators

Best effort through May 20, 2026

Commodity Price % Change
Brent Crude Oil 110.58 +22.38%
Light Crude Oil 102.09 +21.77%
Natural Gas 2.76 +2.60%
A&D Trends Current Week ($mm) Last Week ($mm) % Change
Value ($mm) $0 $0 No change
Trans. Count 0 0 No change

US OIL & GAS NEWS


Battalion Oil acquires RoadRunner Ward County Acreage

Premium content Battalion Oil acquires RoadRunner Ward County Acreage

Battalion Oil Corporation (BATL) acquired approximately 7,090 net acres in Ward County, Texas from RoadRunner Resource Holding LLC (formerly Sundown Energy LP) in an all-stock transaction announced March…

Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal

Premium content Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal

Diversified Energy Company executed a purchase and sale agreement to acquire high-working-interest natural gas properties and related facilities in East Texas from Sheridan Production for $245 million in…

SM Energy Sells Eagle Ford Asset for $950 Million

Premium content SM Energy Sells Eagle Ford Asset for $950 Million

Caturus Energy LLC — the joint venture formed by Kimmeridge Energy Management and Mubadala Investment Company — entered into a definitive agreement with SM Energy Company (NYSE: SM)…

Ovintiv Sells Anadarko Assets for $3 Billion

Premium content Ovintiv Sells Anadarko Assets for $3 Billion

Ovintiv announced that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer for cash proceeds of US$3 billion.…

Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank

Premium content Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank

Transaction Overview Devon and Coterra have agreed to merge in an all-stock transaction that will create a large-cap U.S. shale operator with a premier position in the Delaware…

Mitsubishi’s Strategic Entry into U.S. Shale with Aethon’s Haynesville Platforms

Premium content Mitsubishi’s Strategic Entry into U.S. Shale with Aethon’s Haynesville Platforms

FieldDetails Announcement Date January 16, 2026 — Mitsubishi Corporation announces agreement to acquire Aethon Energy’s Haynesville assets. Buyer Mitsubishi Corporation (MC) (via U.S. affiliates). Seller(s) Aethon Energy Management…

Vickery Energy Quietly Picks Up WV Marcellus Assets from Tribune

Premium content Vickery Energy Quietly Picks Up WV Marcellus Assets from Tribune

Vickery Energy Partners, LLC (“Vickery”), a portfolio company of Quantum Capital Group, announced today that it has closed on the acquisition of Tribune Resources, LLC from Tribune Resources,…

Crescent Energy Acquires Vital

Premium content Crescent Energy Acquires Vital

Assets & inventory Total net acres: ~267,300 Permian (companywide summary). By basin (Asset Overview): – Delaware: ~81,200 net acres; ~305 gross locations; avg lateral ~11,600’; completable ft ~3.55MM;…

Vermillion Energy Exits US, Sells Power River Basin Asset

Premium content Vermillion Energy Exits US, Sells Power River Basin Asset

On July 6, 2025, Vermilion Energy announced that it has entered into a definitive agreement to sell its United States assets (Powder River Basin) for $120 million in…

TG Natural Resources Acquires  Interest in Chevron’s Haynesville Asset

Premium content TG Natural Resources Acquires Interest in Chevron’s Haynesville Asset

TG Natural Resources LLC—a joint venture backed by Tokyo Gas Co., Ltd. and Castleton Commodities International LLC—closed on the acquisition of a 70% interest in Chevron U.S.A. Inc.’s…

CANADA & INTERNATIONAL NEWS


Vista Energy Acquires Equinor Non-Working Interest In Vaca Muera

Premium content Vista Energy Acquires Equinor Non-Working Interest In Vaca Muera

Vista Energy and its subsidiary Vista Energy Argentina SAU entered into a series of agreements to acquire Equinor's entire onshore position in Argentina's Vaca Muerta basin for total…

Enerplus Sells Alberta Ante Creek, Medicine Hat Assets to Journey Energy for C$140MM

Premium content Enerplus Sells Alberta Ante Creek, Medicine Hat Assets to Journey Energy for C$140MM

Enerplus Corp. has agreed to sell certain Canadian assets located in Alberta to Journey Energy Inc. for total consideration of CDN$140 million (US$109 million). The purchase price comprises…

Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal

Premium content Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal

ExxonMobil and its Canadian affiliates, Imperial and ExxonMobil Canada, have entered into an agreement with Whitecap Resources Inc. for the sale of XTO Energy Canada, which is jointly…

Tullow Oil, Capricorn to Merge in All-Stock Deal Worth ~$830 Million; Create New Co.

Premium content Tullow Oil, Capricorn to Merge in All-Stock Deal Worth ~$830 Million; Create New Co.

Tullow Oil and Capricorn Energy (formerly Cairn Energy) have agreed to merge, creating a new Africa-focused E&P. Based on stock prices, the all-stock deal is worth ~$830 million.…

ExxonMobil to Sell Romanian Portfolio to Romgaz for Over $1.0 Billion

Premium content ExxonMobil to Sell Romanian Portfolio to Romgaz for Over $1.0 Billion

ExxonMobil has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government approvals.…

Athabasca Oil Corp. Refinances Debt; Credit Facility Update

Athabasca Oil Corp. Refinances Debt; Credit Facility Update

Athabasca Oil Corp. has closed the issuance of US$350 million of Senior Secured Notes and the syndication of a $110 million reserve based credit facility. Balance Sheet Refinancing…

Cenovus Wraps Up $1.25 Billion Debt Offering

Cenovus Wraps Up $1.25 Billion Debt Offering

Cenovus Energy Inc. has completed a public offering of $1.25 billion in senior notes The offering consists of: $500 million of 2.650% senior unsecured notes due 2032 $750…

Pembina to Acquire Inter Pipeline in All-Stock Deal Worth $6.9 Billion

Premium content Pembina to Acquire Inter Pipeline in All-Stock Deal Worth $6.9 Billion

Pembina Pipeline Corp. has agreed to acquire Inter Pipeline Ltd. in a share-for-share transaction worth $6.9 billion (C$8.3 billion, or $19.45 per share, based on the closing price…

ROK Resources Taps Debt Markets for $4.0 Million

ROK Resources Taps Debt Markets for $4.0 Million

ROK Resources Inc. has launched a $4 million financing consisting of senior secured notes. Each Note consisting of a principal amount of $1,000 and with interest payable thereon…

Topaz Acquires Assets From Tourmaline For $347 Million

Premium content Topaz Acquires Assets From Tourmaline For $347 Million

Topaz Energy Corp. has signed a deal with Tourmaline Oil Corp. for the purchase of gross overriding royalty interests on approximately 535,000 gross acres in the NEBC Montney…







Global M&A Database : Recent Transactions

Adj. $/acre is based on production @35,000 boe/d
Announce Date Buyer Seller Region Asset Description Value Prod. Multiple Net Acres Net Acres
($mm) ($boe/d) ($/acre) (adj. $/acre)
02/26/2026 Ark-La-Tex Property Producing 62 MMcfe/d N/A 3,267 1,613
02/18/2026 Gulf Coast - South Texas Property Producing 38,000 Boe/d 25,000 15,574 N/A
02/17/2026 Mid-Continent - Anadarko Basin Property Producing 90,000 Boe/d 33,333 8,333 N/A
02/02/2026 Vista Energy  Equinor  South America Working Interest in Argentina : Vaca Muerta $1,100 N/A N/A N/A
02/02/2026 Devon Energy Corp  Coterra Energy  Northeast - Appalachia, Permian Devon Energy Corp acquires Coterra Energy
$21,400 27,261 32,229 N/A
01/16/2026 Ark-La-Tex Property Producing 2,100 MMcf/d N/A N/A N/A
12/18/2025 Rockies - DJ Basin Property Producing 36,000 Boe/d 35,000 12,475 N/A
12/08/2025 Northeast - Appalachia Property Producing 850 MMcfe/d N/A 7,273 2,857
12/08/2025 Northeast - Appalachia Property Producing 133 MMcfe/d N/A 16,901 13,155
11/03/2025 Permian, Rockies - DJ Basin SM Energy Company acquires Civitas Resources Inc.
38,095 25,703 N/A


US E&P Deal Activity


Latest Oil Infrastructure Projects

In-Service DateProject NameProject TypeCapacityProject TypePlay/LocationDetails
2 Quarter / 2023 Seminoe Pipeline Expansion  Transport Pipeline    Oil  Rockies  Details
3 Quarter / 2020 Stebbins Expansion Crude Oil Pipeline Project  Transport Pipeline    Oil  Delaware Basin  Details
3 Quarter / 2020 Marten Hills Pipeline System  Transport Pipeline    Oil,Condensate  Montney Shale,Duvernay Shale,Canada Oil Sands  Details
1 Quarter / 2020 Moda Ingleside Storage Facility  Storage    Oil  Eagle Ford Shale,Permian Basin  Details
2 Quarter / 2021 Midland to ECHO Expansion  Transport Pipeline    Oil  Eagle Ford Shale,Midland Basin  Details

More Infrastructures

In-Service DateProject NameProject TypeCapacityProject TypePlay/LocationDetails
1 Quarter / 2024 Processing Plant 7 / Processing Plant 3  Processing    Gas,NGL  Midland Basin,Delaware Basin,Permian Basin  Details
2 Quarter / 2024 Shin Oak NGL Pipeline Expansion  Transport Pipeline    NGL  Permian Basin  Details
3 Quarter / 2021 C2G Pipeline  Transport Pipeline    NGL  Eagle Ford Shale  Details
Quarter / 2022 ATEX Pipeline Expansion  Transport Pipeline    NGL  Marcellus Shale,Utica Shale  Details
2 Quarter / 2020 Hopedale 5 Expansion  Processing    NGL  Marcellus Shale,Utica Shale  Details