Million

Devon Energy Corp. expects to ramp up to 20 rigs by the end of 2017 as it focuses on oilier opportunities in the Permian Basin and Oklahoma’s STACK (aka, the Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties).

During the first quarter, Williams Partners LP saw improved net income and adjusted earnings compared with the year-ago quarter. While rough weather caused production freeze-offs in the Rockies, it drove up throughput on Northwest Pipeline. Northeast gathering and processing volumes were up as well.

Over the next few years, Boardwalk Pipeline Partners LP has a “higher concentration” of capacity contracts coming up for renewal. But developments in the Gulf Coast-Midcontinent region offer the potential for new business.

Following up on a strategy to shift fromdefense to offense this year, Los Angeles-based California Resources Corp. (CRC) on Wednesday entered another joint venture (JV) to boost exploration and production (E&P) activity.

Matador Resources Co. expects a significant increase in oil production this year compared with its 2016 results, thanks in large part to its decision to drill and complete a five-well operated program in the Eagle Ford Shale, the company said Thursday.

Two days after Mammoth Energy Services Inc. snapped up key onshore oilfield assets, including a major sand supplier, the Oklahoma City-based company on Thursday picked up substantially all of the assets of Chieftain Sand and Proppant LLC for $35.25 million.

Energy investment firm Kalnin Ventures LLC has cut another deal to acquire more nonoperated Marcellus Shale interests in Northeast Pennsylvania on behalf of its client Banpu pcl.

Wyoming’s three designated funds collectively grossed nearly $30 million from the state’s first online oil and natural gas lease auction earlier this month, the Wyoming Office of State Lands and Investment (OSLI) said on Monday.

Midland, TX-based Ring Energy Inc. grew production 11% year/year in the fourth quarter as it continued its shift to horizontal drilling in the Permian Basin’s Central Basin Platform (CBP).