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Newly Formed Permian Resources Now the Largest Permian Delaware Pure-Play, CEOs Say

Centennial Resource Development Inc. and Colgate Energy Partners III LLC have completed a roughly $7 billion merger to create publicly traded exploration

United statesNew mexicoCrane countyJames walterStronghold energy ii operatingPermian resources corpColgate energy partnersRing energy incStronghold energy ii royaltiesCentennial resource development incCentennial resource developmentPermian resourcesWill hickeyThird bone spring sandDelaware basinPermian resource

Centennial Resource Development and Colgate Energy complete combination, forming Permian Resources Corporation

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

New yorkUnited statesSaudi arabiaNew mexicoNew york stock exchangeHays mabryBrent jensenRobert tichioJames walterKathleen phillipsJeffrey tepperMaire baldwinAaron marquezGeorge glyphisWilliam quinnClayton smith

What s a Shalennial ? Two Are Hoping to Jumpstart Oil Production

Two new CEOs are looking to tap into a less-developed part of the Permian Basin called the Delaware Basin and ramp up oil production in 2023.

United statesNew mexicoJames walterColgate energyBureau of labor statisticsCentennial resource development incCeos of permian resources corporationPermian basinDelaware basinPermian resources corporationPermian resourcesCentennial resource developmentTexas new mexicoLabor statisticsConsumer price indexHat isa shalennial

What s a Shalennial ? Two Are Hoping to Jumpstart Oil Production

Two new CEOs are looking to tap into a less-developed part of the Permian Basin called the Delaware Basin and ramp up oil production in 2023.

United statesNew mexicoJames walterColgate energyBureau of labor statisticsCentennial resource development incCeos of permian resources corporationPermian basinDelaware basinPermian resources corporationPermian resourcesCentennial resource developmentTexas new mexicoLabor statisticsConsumer price index

Why APA, Centennial Resource Development, and Obsidian Energy Were Rising by Double Digits This Week

The oil and gas sector surged following comments by Saudi Arabia, Russia limiting gas supplies to Europe, and China's stimulus measures.

United statesSaudi arabiaObsidian energyCentennial resource developmentNorth americanDelaware basin

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