Permian
Lease Sales
Marketed: Cross Plains Energy Partners Nonoperated Delaware Basin Properties
CPEP Management, an affiliate of Cross Plains Energy Partners, retained TenOaks Energy Advisors in connection with the potential sale of certain cash-generating wellbore-only properties located in the Delaware Basin.
Business , Acquisitions & Divestitures , Midstream
Golden Gate Capital Launches Infrastructure Platform, Buys Waterfield Midstream Assets
Stonehill Environmental Partners to provide water pipeline disposal and recycling infrastructure solutions.
Lease Sales
Marketed: EnCore Permian Operated Leasehold, Minerals Opportunity
EnCore Permian Holdings LP retained PetroDivest Advisors for the sale of certain leasehold and producing properties located in the Permian Basin in Upton, Howard and Pecos counties, Texas.
Public Capital , People , Exploration & Production , Shale Plays
Oasis Petroleum Names Former Anadarko Exec Danny Brown as CEO
The appointment of Daniel E. “Danny” Brown as CEO fills a role left vacant since last December when Oasis Petroleum Co-founder Thomas Nusz retired.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of April 14, 2021
Here’s a snapshot of recent energy deals including a $312 million sale by Hess in the Bakken plus Saudi Aramco signs a $12.4 billion pipeline deal.
Lease Sales
On the Market Oil and Gas Quicklist (Week of April 14, 2021)
Here’s a quicklist of oil and gas assets on the market including the sale of Chevron’s Eunice/Hobbs asset in the Permian Basin plus a rural D-J Basin JV opportunity and Legacy Reserves Permian ORRI portfolio.
Lease Sales
Marketed: Legacy Resources Permian Basin ORRI Portfolio
Legacy Reserves LP retained TenOaks Energy Advisors and Barclays in connection with the potential sale of a portfolio of overriding royalty interests spanning active development areas in the Delaware and Midland basins in the Permian.
Lease Sales
Marketed: Chevron Permian Central Basin Platform, Eunice / Hobbs Field
Chevron retained EnergyNet Indigo for the sale of its Eunice/Hobbs asset in the Permian’s Central Basin Platform in Lea County, New Mexico.
Shale Plays , Pipelines
Texas Oil Pipelines Face Dry Months as Production Languishes
Construction spree has led to more capacity than producers can meet.
Public Capital , Earnings , Shale Plays
Permian Shale Producer Diamondback Energy Raises Production Outlook
Diamondback Energy, which closed its acquisition of Denver-based producer QEP Resources last month, also raised its 2021 capex forecast to between $1.6 billion and $1.75 billion versus its previous forecast of $1.35 billion to $1.55 billion.