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.

April 16, 2021

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.

April 16, 2021

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.

April 14, 2021

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.

April 14, 2021

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.

April 14, 2021

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.

April 14, 2021

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.

April 14, 2021

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.

April 13, 2021

Shale Plays , Pipelines

Texas Oil Pipelines Face Dry Months as Production Languishes

Construction spree has led to more capacity than producers can meet.

April 13, 2021

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.

April 13, 2021