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.
Stonehill Environmental Partners to provide water pipeline disposal and recycling infrastructure solutions.
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.
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.
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.
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.
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.
Chevron retained EnergyNet Indigo for the sale of its Eunice/Hobbs asset in the Permian’s Central Basin Platform in Lea County, New Mexico.
Construction spree has led to more capacity than producers can meet.
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.