oil and gas

After $4B Sale of Midland Basin Assets, Fort Worth’s Double Eagle Reloads with $2.5B for Next Big Bet in the Permian

by | Apr 2, 2025
The launch of Double Eagle V and Tumbleweed Royalty V marks the latest chapter for co-CEOs Cody Campbell and John Sellers—backed by EnCap, Apollo, and $2.5B in equity.
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The Last Word: DFW’s ‘Fastest-Growing Company’ CEO on Being David in a Goliath Industry
by | Nov 18, 2024
McKinney-based Maverick Power tops both Dallas Business Journal's Fast 50 and SMU's Dallas 100 private company rankings with record-breaking recent growth.
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ExxonMobil Closes $59.5B Acquisition of Irving-Based Pioneer Natural Resources
by | May 3, 2024
ExxonMobil said the merger creates "an unconventional business" with the largest, high-return development potential in the Permian Basin.
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Fort Worth’s Valor Promotes Executive to Chief Operating Officer

by | Sep 22, 2023
Valor said Hanna Howard, a former college basketball coach, will be responsible for overseeing the full operational and administrative side of the oil and gas outsourcing firm, including strategic planning, staff development, and project management.
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Dallas’ Aethon Energy Announces C-Suite Moves
by | Aug 25, 2023

Aethon Energy Operating LLC announced that Andrea Wescott Passman has been appointed as chief operating officer, Kang Chen as chief information officer, and Kat Lyles as general counsel....

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HF Sinclair, Holly Energy Partners Announce $1.44B Merger Agreement
by | Aug 17, 2023

Dallas-based energy companies HF Sinclair Corp. and Holly Energy Partners LP have agreed to merge in a what Reuters said is a $1.44 billion deal that will simplify corporate structure, reduce costs, and further support the integration and optimization of the HF Sinclair portfolio.

“We are pleased to announce this strategic transaction which we believe simplifies our corporate structure, reduces costs and further supports the integration and optimization of our portfolio,” HF Sinclair’s Chief Executive Officer and President Tim Go said in a statement....

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Pioneer Natural Resources Names New Chief Executive to Succeed Retiring CEO
by | Apr 27, 2023
Currently Pioneer's president and COO, Richard D. "Rich" Dealy brings more than 30 years of industry experience in roles spanning nearly all operations and business functions at Pioneer and its predecessor company. He will replace the retiring Scott Sheffield. The news comes amid reports that Exxon Mobil Corp. has held preliminary talks with Pioneer about a possible acquisition of the company.
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This ‘Blue Collar Analytics Company’ Delivers AI and ML Solutions For ‘People Who Work Hard’

by | Jul 15, 2021
Parasanti Co-founders James Hancock and veteran Joshua Seagroves both had roots in ranching and farming, making the defense and ag solutions innovator a natural fit. Now the company is ready to continue growing, adding employees and customers, gaining traction in defense innovation, and launching new projects with the Air Force and oil and gas companies.
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Bravis Brown CEO BPS Technology Servant Leadership
Water-Based Chemistry: North Texas Startup Invents Agriculture and Energy Solutions That Are Better for Business AND the Environment
by | Mar 2, 2021
BPS Technology CEO Bravis Brown calls his company's chemical-mechanical technology "revolutionary."

Filing a dozen patents in 2020, the Argyle-based company is moving fast to protect and scale a "first-of-its-kind" innovation called SymMAX that can reduce the amount of chemicals needed by almost any industry. This year the focus is on commercialization.
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Fort Worth’s Energy Domain Launches as First-Ever Oil and Gas Minerals Transaction Platform
by | Nov 12, 2019
Energy Domain, a sister company to Fort Worth-based MineralWare, will provide an all-encompassing platform to list, evaluate, and transact a deal.
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geforce
Oil & Gas Tech Firm Geoforce Moving, Expanding HQ to Plano
by | Aug 21, 2018
Geoforces' platform leverages GPS tracking devices with global satellite and cellular networks for global traceability and track-and-trace solutions to such industries as oil & gas, mining, agriculture, and transportatioin and logistics.
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Austin Eudaly

Dallas’ Austin Eudaly Goes After ‘Dream’ Projects in Dating, Film

by | Oct 10, 2017
Dallas-based entrepreneur Austin Eudaly has taken a step back from the oil and gas industry to pursue his own ventures in film and online dating.
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forbes
3 DFW Biz Giants Among 100 Writers for Forbes’ Centennial
by | Sep 20, 2017
Jerry Jones, T. Boone Pickens, and H. Ross Perot Sr. relate how their life experiences helped them succeed in business.
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plasma
ReStimCo: Plasma Fracking Could Inject New Life to Oil Fields
by | Oct 20, 2016
Plasma fracking could eliminate the need for water, sand, and chemicals in the fracking process.
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Facebook
3 Things: Will Facebook Go All Video in 5 Years?
by | Jun 15, 2016
Today’s stories include the future of Facebook, Texas' economy is still a powerhouse, and a famed manufacturer is going to roll out an all-electric motorcycle.
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