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Permian Basin
Double Eagle Co-Founders and Co-CEOs Cody Campbell (left) and John Sellers [Photos: X/Texas Tech College of Arts and Sciences]
After $4B Sale of Midland Basin Assets, Fort Worth’s Double Eagle Reloads with $2.5B for Next Big Bet in the Permian
by Lance Murray | 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.
by Lance Murray |
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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by Lance Murray |
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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by Lance Murray |
Nov 10, 2023
Mike Williams' industry experience includes managerial and director-level positions with oil and gas producers MorningStar Partners, BlueStem Energy, Approach Resources, XTO Energy, and ExxonMobil. Most recently, he served five years as VP of reservoir engineering at Founders Oil & Gas.
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Matthew Osborn will serve as Goodnight Midstream's President and Chief Operating Officer. [Photo: LInkedIn]
Industry Veteran Joins Goodnight Midstream as President, Chief Operating Officer
by Lance Murray | 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.
“We’re honored to have Matt join our team and look forward to the leadership he will bring to our company,” CEO Grant Adams said in a statement....
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by Lance Murray |
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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by Lance Murray |
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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by Lance Murray |
Dec 8, 2022
In its newly released five-year plan, Irving-based ExxonMobil said that it has allocated roughly $17 billion on its own emission reductions and accretive third-party lower-emission initiatives through 2027, an increase of almost 15%. Nearly 40% of these investments is directed toward building its lower-emissions business with customers to reduce their greenhouse gas emissions with a primary emphasis on large-scale carbon capture and storage, biofuels, and hydrogen.
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Keller Company Leads Way in Frack Water Recycling
by Nicholas Sakelaris | 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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