Acreage trades lack the splash and big-dollar headlines of most A&D transactions, but it’s clear oil and gas E&Ps like a good old-fashioned swap when they can get one.

Industry players have spent the third quarter—and much of 2017—securing contiguous borders with deals requiring little to no cash but adding what they say is a lot of inventory and a lot of length for lateral wells.

In the Midland Basin, Earthstone Energy Inc. (NYSE: ESTE) was among the most recent to engage in bartering its way to longer laterals without having to fritter away its cash. The company said on Oct. 18 that it blocked up acreage in its Benedum prospect in Upton County, Texas, into concentrated positions that consist of 2,650 net acres, 95% working interest and 80% net revenue interest.

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