EagleClaw Midstream said it is the first major gathering and processing company in the Permian Basin to procure 100% of its power for operations from renewable energy sources.
Colgate Energy priced the offering of $500 million new senior unsecured notes due 2029, increased from the originally proposed $400 million, at par.
A private seller retained US Mineral Exchange for the sale of mineral and royalty interests located in the Permian Basin in Martin County, Texas, operated by Endeavor Energy Resources.
Boulders Royalty Corp. retained Detring Energy Advisors for the sale of its oil and gas mineral and royalty interests located in the Permian Basin in northeast Culberson County, Texas.
The acquisition of nonoperated interests across core Permian Basin acreage represents the “trifecta” for Northern Oil and Gas, says COO Adam Dirlam.
Successful results from Ring Energy’s development program in the Permian Northwest Shelf are “encouraging and reinforce our confidence in the strong inventory of drilling locations on our NWS acreage,” says CEO Paul D. McKinney.
Here’s a snapshot of recent energy deals including Occidental Petroleum’s $508 million asset sale in the Permian Basin plus an Eagle Ford deal by Earthstone Energy.
Here’s a quicklist of oil and gas assets on the market including a Midland Basin royalty position plus a Grenadier Energy Wolfcamp Shale Permian Basin package and an IOG Oklahoma STACK nonoperated opportunity.
The potential sale of Shell’s Permian holdings, located in Texas, would be a litmus test of whether rivals are willing to bet on shale’s profitability through the energy transition to reduce carbon emissions.
Pivotal Midland Basin LP retained EnergyNet for the sale of a Permian well package in Midland County, Texas, operated by affiliates of Callon Petroleum and Diamondback Energy.