BHCH Mineral Ltd. retained TenOaks Energy Advisors for the sale of an undivided 50% of its legacy mineral and royalty portfolio located across numerous basins in the continental U.S. broken up into four sub-packages.
DUG Permian panelists acknowledge the challenges posed by ESG and climate concerns in the post-COVID finance environment, but expect cheap debt and higher valuations to push midstream deals forward.
Pioneer Natural Resources is expecting to report a total net loss on derivatives of about $1.5 billion for the first half of the year, the Permian Basin producer said in a regulatory filing.
Lime Rock Resources reached a definitive agreement to buy oil and gas properties in the Permian Basin for $508.3 million from an undisclosed private seller.
The largest increases to the rig count in the last week were in the Permian Basin and Anadarko Basin.
Gary Permian LLC retained PetroDivest Advisors for the sale of oil and gas properties, leasehold and related assets within the southern Delaware Basin in Pecos County, Texas.
Wolfcamp discoveries by Shell in the Permian Basin plus six stacked-laterals planned for an EOG Resources drillpad in the Powder River Basin top this week’s oil and gas drilling activity highlights from around the world.
Texas Independent Exploration Ltd. retained EnergyNet Indigo for the sale of nonoperated working interest within XTO Energy’s Karino Unit located within the Delaware Basin in Pecos County, Texas.
Kinder Morgan CEO Steven Kean told analysts during a conference call late on July 21 that the Permian Basin will probably need another gas pipeline in the middle of the decade.
Construction of the gas processing facility in Midland County, Texas, initiates Phase II development of Pinnacle Midstream’s Dos Picos System in the Midland Basin.