Permian Basin

Former Google CEO’s Bolt Data & Energy Inks $200M Partnership With Dallas’ Texas Pacific Land Corp.

by | Dec 17, 2025
“By partnering with TPL, Bolt will fuel the Fourth Industrial Revolution and protect and augment American leadership in artificial intelligence,” said former Google CEO and current Bolt Chairman Eric Schmidt.
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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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Dallas’ Arcadia Biosciences To Merge with Dallas’ Roosevelt Resources
by | Dec 9, 2024
Since 2002, Arcadia has focused on agricultural innovation and next-generation wellness products, including Zola coconut water and high-fiber “better for you” products. Roosevelt is a privately held oil & gas exploration and production company that's been in the Roosevelt family "for over 100 years."
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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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ExxonMobil To Acquire Irving-Based Pioneer Natural Resources in $64.5 Billion Deal

by | Oct 11, 2023
The companies said the all-stock merger deal combines Pioneer’s more than 850,000 net acres in the Midland Basin with ExxonMobil’s 570,000 net acres in the Delaware and Midland Basins, creating "a diversified energy company with the largest footprint of high-return wells in the Permian Basin."
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Industry Veteran Joins Goodnight Midstream as President, Chief Operating Officer
by | Sep 29, 2023

Matthew Osborn has joined Dallas-based Goodnight Midstream LLC as president and chief operating officer of the Tailwater Capital LLC portfolio company, a leading provider of produced water handling services in Permian Basin, Bakken, and Eagle Ford....

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U.S. Energy Development Corp. Expands Footprint in Permian Basin With $225M Investment
by | Apr 26, 2023
U.S. Energy Development Corp. is expanding its footprint in the Permian basin, building on its existing investments of over $400 million in the region over the past year. According to CEO Jordan Jayson, many operators in the Permian region are turning to innovation and advanced tech to tap into the remaining potential of the area, improve efficiency and safety, and maintain high levels of output.
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Dallas’ Energy Transfer to Acquire Lotus Midstream in $1.45B Deal
by | Mar 28, 2023
Energy Transfer LP, a Dallas-based midstream energy company, will acquire Lotus Midstream Operations LLC, based in Sugar Land, for $1.45 billion in a deal that includes $900 million in cash and approximately 44.5 million newly issued Energy Transfer common units. The acquisition will add Centurion Pipeline Company LLC, an integrated, crude midstream platform in the Permian Basin, to Energy Transfer's portfolio.
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water research

Irving Driller Plans to Cash in on $900B Wolfcamp Field

by | Nov 17, 2016
The find in the Wolfcamp portion of the Permian Basin could yield up to 20 billion barrels of oil.
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Fountain Quail
Keller Company Leads Way in Frack Water Recycling
by | Mar 16, 2016
Armed with $40 million in private equity funding, Fountain Quail Water Management is poised to become the leader in frack water recycling.
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