Blackbeard Operating LLC

About

Blackbeard Operating LLC is a privately held exploration and production company established in 2014 with an equity commitment from Natural Gas Partners. We seek to grow through both acquisitions of new assets and the development of our existing assets through low risk drilling, recompletion and workover programs. Since our founding, we have acquired fields in three of the premier basins in the continental United States and are continually looking for new opportunities to grow by targeting acquisitions in areas with stacked pay and existing production.

Editor's note: Updated July 2, 2020.

Headquarters Address

200 N. Loraine, Suite 300
Midland, TX 79701
United States

Main Phone Number

Activity Highlights

Two Haynesville Sand wells have been permitted by Blackbeard Operating LLC in Columbia County, Ark. – located in Section 1-20s-21w will be #1 Smith and in nearby irregular Section 12-20s-21w will be #4 Akin-Heard. Both Cypress Field tests will be…

News

Blackbeard Operating LLC retained RedOaks Energy Advisors for the sale of certain nonoperated working interest and leasehold in the…

The deal, along with a May acquisition Louisiana, brings Diversified’s acreage in the region to about 300,000 net acres.

Blackbeard Operating LLC retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain oil and gas…

Blackbeard Operating LLC retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of its majority…

Blackbeard Operating retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its operated properties…

Transactions

Report Date Amount (MM) Description
2021-07-20

Marketed: Blackbeard Operating Delaware Basin Working Interest

Marketed: Blackbeard Operating Delaware Basin Working Interest

Report Date Amount (MM) Description
2021-07-05 $180.00

Diversified Raids Blackbeard’s Barnett Assets in $180 Million Deal

Diversified Raids Blackbeard’s Barnett Assets in $180 Million Deal

Report Date Amount (MM) Description
2021-02-04

Marketed: Blackbeard Operating Permian Basin Divestiture

Marketed: Blackbeard Operating Permian Basin Divestiture

Report Date Amount (MM) Description
2020-07-22

Marketed: Blackbeard Operating Western Anadarko Basin Asset Sale

Marketed: Blackbeard Operating Western Anadarko Basin Asset Sale

Report Date Amount (MM) Description
2020-07-02

Marketed: Blackbeard Operating South Texas Regional Exit

Marketed: Blackbeard Operating South Texas Regional Exit