ExxonMobil still adding Permian acres months after $5.6B purchase

After purchasing 250,000 Permian Basin acres for $5.6 billion in February, ExxonMobil's push to acquire acreage in the Permian has cooled, but this week the company announced more acquisitions.
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Tally Energy forms to serve shale producers’ new focus

Shale oil and gas producers have shifted their focus from developing and expanding fields and acres towards executing on operational efficiency gains and production increases, according to Tally Energy.
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RRIG acquires 475-mile water pipeline, infrastructure in Permian

RRIG Water Solutions understands that the most expensive water in the oil patch is the water that never arrives. The company said it is committed to investing in pipeline infrastructure to improve access to large volumes of water in the Permian.
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New agreement and partnership boost Advantage Midstream

Advantage Midstream LLC announced an agreement with Castlelake LP to serve as its primary equity sponsor. The Dallas-based company has also formed a partnership with California technology provider Greyrock Energy Inc.
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STACK producer, shale investor link on drilling, working interest

Chaparral Energy, the Oklahoma-focused exploration and production company named after a roadrunner, has formed a joint development agreement with Bayou City Energy that will exchange working interests for drilling funds.
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Permian pureplay Diamondback able to increase production

Diamondback Energy has proven to be a great example of a resilient shale energy producer. Despite continued stress on oil prices and an extreme weather event to its geographical south, the Permian producer is increasing Q3 production.
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