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PE Firm Seeds Four New E&P Startups in Strategic Push In 2025

Pearl’s fourth fund, closed in January 2025 after just four months in the market, provides the firm with significant dry powder to pursue investments ranging from $50 million to $150 million in the North American upstream and midstream sectors. With nearly $3.0 billion under management, Pearl is positioning itself as one of the most active energy-focused investment firms…
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Kayne Anderson Backs Terra Energy Partners II with $300M to Pursue Large U.S. Energy Assets
Buyer Leadership: CEO: BJ Reynolds COO: Wes Hobbs Financial Sponsor: Kayne Private Energy Income Fund III, L.P. (managed by Kayne Anderson Capital Advisors, L.P.) Equity Commitment: Over $300…

Diversified Wraps Up PE-Backed Deal for Tapstone's Mid-Con Assets
Diversified Energy Company PLC has closed its acquisition of Oklahoma-based Tapstone Energy Holdings, LLC and related party KL CHK SPV, LLC. Oaktree Capital Management made a co-investment in…

PE Firms Splash Money on New E&P Companies As Oil Prices Rise
As we near the fourth quarter of 2021, Shale Experts is taking a look at all the new companies that were formed in the first part of the…

New E&P Scores $500 Million; Looking For Assets
Providence Energy has announced that Oaktree Capital Management will invest up to $500 million in new company. The company will focus on mineral and royalty acquisitions and will…

Chevron Invests in Renewables-Focused PE Firm
Chevron Corp. announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets. Chevron and…
Gulf Coast News

Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…

These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…

Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…

Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…

Ascent Resources 2026: A Quiet Growth Story for Oilfield Services
Ascent Resources may not be making headlines with rig additions or dramatic well count increases, but a closer read of their March 2026 investor presentation — compared against…
Mid-Continent News

Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…

Permian Resources to Grow Production 6% in 2026
Permian Resources exited 2025 as the largest pure-play Delaware Basin operator with ~480,000 net acres and >105,000 net royalty acres. The company averaged 392.6 MBoe/d in 2025, including…

Battalion Oil Closes ~$60M West Quito Draw Asset Sale
Battalion Oil Corporation has closed the sale of its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources LLC, a subsidiary of MCM Energy…

Infinity Closes $1.2B Utica Upstream & Midstream Deal
Infinity Natural Resources has completed its $1.2 billion acquisition of upstream and midstream assets in the Ohio Utica Shale from Antero Resources and Antero Midstream, according to company disclosures…

Deal Rumor: ConocoPhillips Exploring $2B Permian Asset Sale
ConocoPhillips is reportedly exploring the potential sale of certain Permian Basin assets in a transaction valued at approximately $2 billion, according to Reuters, citing sources familiar with the…