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Riverstone-backed Liberty Oilffield Prices IPO

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Liberty Oilfield Services, which is backed by Riverstone has priced its IPO of 22 million shares between $16 and $19 per share.  The stock will trade on the NYSE under the symbol BDFC.


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Rockies - DJ Basin News

Permian E&P Bucking The Trend; Plan to Increasing Drilling & Fracs in 2026

Premium content Permian E&P Bucking The Trend; Plan to Increasing Drilling & Fracs in 2026

Occidental’s 2025 U.S. onshore program is centered on the Permian, with ~$3.5B of Permian CapEx and ~$0.8B in the Rockies, totaling ~$4.3B. This supports ~15 net rigs in…

Bakken Midstream Project shelved; as future growth projects thin

Premium content Bakken Midstream Project shelved; as future growth projects thin

Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…

Japex Enters DJ Basin with Acquistion of Verdad

Japex Enters DJ Basin with Acquistion of Verdad

Japan Petroleum Exploration Co., Ltd. (JAPEX) has announced a major expansion into North American shale with a $1.3 billion acquisition of Verdad Resources Intermediate Holdings LLC (VRIH), marking…

Empire Petroleum First Quarter 2023 Results

Empire Petroleum First Quarter 2023 Results

Empire Petroleum announced first quarter 2023 results. Highlights Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day ("Boe/d") (61% oil, 19%…

PDC Energy, Inc., First Quarter 2023 Results

PDC Energy, Inc., First Quarter 2023 Results

PDC Energy, Inc., announced first quarter 2023 results. Highlights Net cash from operating activities of approximately $590 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined…


Williston Basin News