The following information is provided by LandGate Corp. All inquiries on the following listings should be directed to LandGate. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
LandGate is marketing for sale an overriding royalty interest (ORRI) in New Mexico’s Eddy County for an undisclosed seller.
The property is producing 1,680 bbl/d and 4.6 MMcf/d (gross) from two horizontal Wolfcamp, one horizontal Bone Springs and 20 vertical wells. The interest will participate in active development under 19 permitted locations. Well results in the area exceed 1,000 bbl/d IP30.
2023-02-01 - Also in this week's A&D Minute: Matador Resources' Delaware Basin acquisition was the largest of the year so far at $1.6 billion, plus see how small- and mid-sized companies are sizing up against large E&Ps.
2023-02-01 - Here’s a snapshot of recent energy deals including Diamondback Energy completing its $1.55 billion deal to acquire Midland Basin acreage and E&P Arena Energy LLC closing its acquisition of Cox Operating LLC's interests in the Eugene Island 330 and South Marsh 128 oil blocks.
2023-02-01 - Inpex has held assets in the Eagle Ford shale since 2019 but has sold them to Spanish energy company Repsol.
2023-01-31 - Red Leaf Resources and Ute Energy will jointly develop Uinta Basin assets, including a refinery and proposed transloading facility.
2023-01-31 - CrossRoads Horizon LLC and Paladin Oil LLC retained EnergyNet for the sale of a non-operated working interest in three J. H. Kurth Jr. B-lease wells located in Newton County, Texas, and operated by Foundation Energy Management.