Jetstream Royalty Partners has retained PetroDivest Advisors for the sale of certain operated mineral and royalty interests located in the Permian Basin. The package includes 1,220 net royalty acres and net production of 215 boe/d.

Opportunity highlights:
- $9MM Cash Flow (NTM) | Transformative Development Activity
- Substantial operator activity results in rapid growth underwritten by recent DUCs (30) and permits (56)
- DUC & permit inventory provides >12 months of line-of-sight growth
- ~110 producing horizontal wells offer a stable foundation of production
- Net Production: ~215 Boed (85% liquids)
- PDP PV8: $12MM
- Substantial operator activity results in rapid growth underwritten by recent DUCs (30) and permits (56)
- 1,220 Net Royalty Acres | Broad, High-Activity Footprint
- Diversified position provides statistical coverage across the most active areas of the Permian Basin
- 53% Midland / 47% Delaware
- NRA concentrated under premier, highly active in-basin operators
- LTM average seven spuds/month on-minerals as operators continue rapid pad development across multiple zones
- 80% of Midland NRA concentrated under Pioneer, Endeavor, and Diamondback
- Two rigs on-minerals actively developing high-density units in Lea County (145 NRA) further growing near-term inventory
- Diversified position provides statistical coverage across the most active areas of the Permian Basin
Bids are due Nov.1. For complete due diligence, please visit PetroDivest.com or email Melinda Faust, managing director, at mel@detring.com
Recommended Reading
Acciona Energia Taps India’s Waaree for More Solar PV Modules
2023-11-28 - Waaree will supply its N type TOPCON modules for projects being developed by Acciona in the U.S. from 2024 to 2026.
Blockbuster Bonanza
2023-11-28 - A half-century of massive deals, eye-popping purchase prices and larger-than-life characters have reshaped the global energy landscape as we know it.
Baytex Energy Divests Western Canada Crude Assets for $113MM
2023-11-27 - After closing a $2.2 billion deal this summer to add significant scale in the Eagle Ford, Calgary-based Baytex Energy is shedding some of its assets in southwestern Saskatchewan.
Falcon Oil & Gas Commence Beetaloo SS1H Well Operations
2023-11-27 - Results from Falcon Oil & Gas’ SS1H well will support the sanctioning of the JV’s proposed 40 MMcf/d pilot project at Shenandoah South.
Komatsu to Acquire American Battery Solutions
2023-11-22 - Komatsu plans to use American Battery Solutions technology to electrify the construction and mining equipment it offers.