Matador Snagging More Permian Acreage in $1.6B-Plus Deal to Buy Advance Energy

Matador Snagging More Permian Acreage in $1.6B-Plus Deal to Buy Advance Energy

Matador Resources Co. has bolted on its largest deal yet in the Permian Basin in an agreement to acquire Advance Energy Partners Holdings LLC, with assets in New Mexico and West Texas.  The independent is providing an initial cash payment of  $1.6 billion, with an additional $7.5 million total paid monthly in 2023 if the…

January 25, 2023

Traders Eye Buying Opportunity; November Called Flat

November natural gas is set to open unchanged at $3.02 Friday morning as weather forecasts can only muster nominal changes in the near-term outlook. Overnight oil markets eased.

September 29, 2017
EDF Calls For Expanding Clean Car Standards as EPA Review Nears

EDF Calls For Expanding Clean Car Standards as EPA Review Nears

The Obama administration’s upcoming review of 2017-2025 model year light-duty vehicle fuel-efficiency and emission standards needs to be reaffirmed and continued, representatives from the Environmental Defense Fund (EDF) said Monday.

July 12, 2016

Bulls Take A Breather; July Called 5 Cents Lower

July natural gas is expected to open 5 cents lower Friday morning at $2.57 as bulls consolidate their gains following Thursday’s hefty advance, and mull a vulnerable seasonal environment. Overnight oil markets fell.

June 10, 2016

Stay Long, Trader Says; July Seen A Penny Higher

July natural gas is expected to open a penny higher Friday morning at $4.77 as traders see a continuing storage deficit and no reason to not keep working this market from the long side. Overnight oil markets gained.

June 13, 2014

All Eyes On Weekly Inventory Stats; June Seen A Penny Higher

June natural gas is set to open a penny higher Thursday morning at $4.48 as traders hone their short-term trading algorithms and expect the season’s second triple-digit increase in working gas inventories. Overnight oil markets were mixed.

May 22, 2014

Seasonality Cited For Puzzling Cash, Futures Advance

Cash and futures posted strong gains with nearly all points into the black, some in double-digits.

October 8, 2013

Cash, Futures Ease, But Trader Sees Seasonal Advance

Nearly all active physical natural gas trading points declined Friday weekend and Monday delivery. The average setback was 8 cents, with Rockies points dropping a dime and losses at New England points closer to a nickel.

September 23, 2013

Halliburton, Nuverra Launch Produced Water Services in Bakken

Halliburton Co. is teaming up with Nuverra Environmental Solutions Inc. in the Bakken Shale to advance a produced water recycling project for unconventional oil and natural gas drillers.

July 16, 2013

Delaware Basin Chairman Addresses Growing Calls For Action

Delaware River Basin Commission (DRBC) Chairman Michele Sierkerka said the organization is working to advance natural gas regulations in the basin, with “thousands of hours” logged so far by its staff and those of its member states on the process since November 2011.

July 16, 2013
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