McDonald Land Services

07/04/2023

12/24/2022

Merry Christmas and Happy Holidays from the whole team at McDonald Land Services! Cheers to a great 2023!

10/30/2021

Happy Halloween! Please watch out for all of the little ghosts and goblins that will be out this weekend.

10/07/2021

There's no way around it — the $3.5 trillion reconciliation package has always been envisioned as a way to increase taxes and fees on the U.S. oil and natural gas industry. Democratic leaders would prefer to funnel those dollars to intermittent energy sources to align us with Europe.

But now, Europe is facing the headwinds of its alternative energy ambitions. Double-digit increases in electricity bills, threats of blackouts, pleas for Russia to deliver more natural gas... If the United States abandons its most tried-and-true energy source, we will soon find ourselves facing the same energy crisis sweeping through Europe today.

Read more from Petroleum Alliance President Brook Simmons: https://bit.ly/3uLkaBT

02/12/2021

ONEOK Gas Transmission had been gaining traction over the past couple of days as a train of winter storms began barreling across the United States. At the start of the week, the Oklahoma point was trading in the $3.00 range. By Friday, no transaction was executed below $125.00.

Houston Ship Channel spot gas traded as high as $225.00 according to MidDay Prices on Friday, while pipeline freeze-offs that started to accumulate in the Permian Basin sent Waha prices soaring as high as $350.00

Spot gas prices in the Midcontinent, often the cheapest in the Lower 48, surged to as high as $600.00/MMBtu on Friday as snow, ice and subfreezing

02/12/2021

Things are getting chilly this weekend! And no, we aren't talking about that pot of chili you're looking forward to making. 😅❄️ Historic snowfalls and below freezing temps are being predicted, so it's time to bundle up, stay safe and thank the oil & natural gas industry for the comfort of your warm home. 😉

📷: KWTV - NEWS 9 & KFOR-TV

10/22/2020

10/20/2020

Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") and Parsley Energy (NYSE:PE) (“Parsley”) today announced that they have entered into a definitive agreement under which Pioneer will acquire all of the outstanding shares of Parsley in an all-stock transaction valued at approximately $4.5 billion as of October 19, 2020. The total value for the transaction, inclusive of Parsley debt assumed by Pioneer, is approximately $7.6 billion.

Pioneer Natural Resources Announces Agreement to Acquire Parsley Energy

10/19/2020

Today ConocoPhillips (COP) announced a $9.7 billion all-stock takeover of Concho Resources (CXO). The new ConocoPhillips will be the largest independent oil and gas company, with pro forma production of over 1.5 million barrels of oil equivalent per day (MMBOED).

Download .PDF ConocoPhillips and Concho Resources Combination Built Upon Shared Vision to Deliver Superior Returns Through Price Cycles All-Stock Transaction Valued at $9.7 Billion Honors Proven Financial Framework and is Expected to be Accretive…

09/17/2020

Chevron is marketing about 800,000 acres in the Marcellus and Utica shale basins of Pennsylvania and neighboring states and a 31% non-operating interest in Laurel Mountain Midstream, which has intrastate and gathering lines servicing the Marcellus shale area.

EQT offered $750 million for the properties, one of the people familiar with the matter said.

EQT Corp , the largest U.S. natural gas producer by volume, has placed a bid on Chevron Corp's Appalachia gas properties and a pipeline stake, people familiar with the matter said.