Author: Chris Mathews

In February 2023, Dallas-based Matador Resources Co. (NYSE: MTDR) agreed to acquire Houston-based exploration and production company Advance Energy Partners Holdings LLC, a portfolio company of Houston-based private equity firm EnCap Investments LP.

California-based Infinium is developing multiple plants in Texas to produce electrofuels.

Marathon Oil aims to return $1.8 billion to shareholders this year.

Honeywell’s technology is expected to enable Exxon to capture around 7 million tons of CO2 per year.

ENGlobal is an engineering and manufacturing company serving customers in oil and gas, renewables, petrochemicals and other industries.

Drilling Tools International specializes in rentals of directional drilling tools, wellbore optimization tools and other drilling products.

Oil field services company Patterson-UTI was profitable in 2022 after several years of annual losses.

The deal, which is scheduled to close in less than a week, is expected to double Talos Energy’s deepwater facility footprint.

Plains is positioned to capture oil and gas production growth in the Permian Basin this year, the company said in earnings.

Weatherford’s long journey back into profitability also included a voluntary Chapter 11 bankruptcy filing in mid-2019.