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• Continental raises production plans in Oklahoma
  Continental Resources has boosted its oil production plans for 2022, thanks to strong...
  Continental Resources has boosted its oil production plans for 2022, thanks to strong rig activity and increased production from new wells, said Chief Operating Officer Doug Lawler. The company also increased natural gas production guidance, driven by well performance in the Anadarko Basin's SCOOP and STACK areas.
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• Crestwood adds Delaware Basin assets, exits Barnett Shale
  Crestwood Equity Partners has announced a series of transactions that includes the acquisition...
  Crestwood Equity Partners has announced a series of transactions that includes the acquisition of Sendero Midstream Partners for $600 million in cash and of a remaining 50% stake in Crestwood Permian Basin Holdings for $320 million, as well as a $275 million sale of its legacy Barnett Shale assets to EnLink Midstream for $275 million. The Sendero deal comprises 350 million cubic feet per day of processing capacity, approximately 140 miles of natural gas gathering lines, over 53,000 horsepower of field gathering compression, and more than 75,000 dedicated acres with over 1,200 tier-one drilling locations, all in the Permian Basin's Delaware portion.
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• Canes Midstream Establishes Permian Basin Position with Cogent Acquisition
  Canes Midstream LLC established a position in the Permian’s southern Midland Basin with the recent...
  Canes Midstream LLC established a position in the Permian’s southern Midland Basin with the recent closing of its acquisition of Cogent Midstream LLC, where Canes CEO and Co-founder Scott Brown previously served as president.
  
  Founded in 2019, Canes Midstream is a Dallas-based midstream oil and gas company backed by EIV Capital and Denham Capital. Prior to founding Canes Midstream, Brown served as president of Lucid Energy Group I, a predecessor to Cogent Midstream.
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• Friday Morning: What Else is Brewing
  Stories of interest to start your Friday morning. ...
  Stories of interest to start your Friday morning.
  

  
  
  • Kevin Spacey was charged with four counts of sexual assault against three men in the UK.
  
  
  • Carl Icahn’s proposal to add two directors to the McDonald’s board in a push for more ethical sourcing of pork received only 1% of investor votes.
  
  
  • The chipmaker Broadcom agreed to acquire VMware for $61 billion in one of the biggest tech deals ever.
  
  
  • Justin Timberlake sold his music catalog to a Blackstone-backed investment fund for up to $100 million.
  
  
  • More than half of the largest cities in the US lost population during the pandemic, per new US census data
  
  

  
  
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• Rystad: Oil And Gas Investment To Rise 20% In 2022
  Global oil and gas investment is set to rise by 20% this year, according to ...
  Global oil and gas investment is set to rise by 20% this year, according to Rystad Energy, with growth driven by soaring oil prices and big money flowing into projects in Brazil, Guyana, West Africa and Australia, the Houston Chronicle reports.
  
  Earlier this year, Rystad had forecast 8% growth for 2022; however, with Brent consistently topping $110 and WTI flirting with the same levels, we are now witnessing the highest growth rate forecasts since 2008.
  
  In the United States, investment in shale is set to increase by 35%, with the Permian basin leading the way, Rystad said, while investment in deepwater offshore drilling is set to rise by 30%.
  
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