Also in this week’s A&D Minute: Kimbell Royalty Partners made its largest deal in four years plus find out why EOG Resources CEO Ezra Yacob is comparing the company’s new Utica play’s prospects to the Delaware Basin.
EOG Resources’ new Ohio Utica position is “almost reminiscent of what we saw nearly a decade ago happening in the Delaware Basin,” said CEO Ezra Yacob.
Here’s a snapshot of recent energy deals including Marathon Oil’s $3 billion cash acquisition of Ensign Natural Resources in the Eagle Ford Shale plus Kimbell’s largest deal in four years.
Also in this week’s A&D Minute: Marathon’s Ensign deal, EOG establishes its “next large-scale premium resource play” and EQT’s plans to control its own destiny.
EOG Resources established a new position in the Ohio Utica Combo play for a combined cost of entry of less than $500 million, the company said in its Nov. 3 earnings release.
Peregrine Energy Partners’ purchase of Utica Shale royalty interests follows a March transaction in which the company purchased Marcellus and Utica interests from EnerVest.
Here’s a snapshot of recent energy deals including NOG’s $330 million Permian Basin acquisition in Midland County, Texas, plus the closing of the $1.96 billion buyout of Shell Midstream.
Here’s a snapshot of recent energy deals including BP’s $4.1 billion acquisition of Houston-based Archaea Energy and Continental Resources’ take-private merger agreement.
Capital has shifted to Gulf Coast natural gas producers to satisfy rising demand for LNG, as stymied infrastructure expansion bedevils Marcellus and Utica, Macquarie Energy expert says.
Here’s a quicklist of oil and gas assets on the market including the sale of certain nonoperated working interest properties in Henry Resources’ Melinda Lease in the Midland Basin in Upton County, Texas.