Civitas Expands DJ Basin Footprint With Bison Deal

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US Shale Growth Slows for Good

Denver-based Civitas Resources, which bills itself as Colorado’s first carbon-neutral oil and natural gas producer, believes it can continue to expand its footprint in the Denver-Julesburg (DJ) Basin without compromising its ambitious environmental goals.

Corporate Strategy , CO2 Emissions, Independent E&Ps, M&A, ESG
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The shallow-water producer is selling properties to W&T Offshore, but it says it won't be able to close the deal unless a court helps it settle issues with Chevron and others.
Mon, Oct 2, 2023
The three hubs are being developed in parallel with storage facilities with an initial combined storage capacity of 15 million tons/yr of CO2.
Mon, Oct 2, 2023
The move will revert ownership of the block to small independents Ratio Guyana and Cataleya Energy, with Ratio expected to take over operatorship.
Fri, Sep 29, 2023