The company’s predecessor, private equity-backed Riley Permian, was formed with the goal of building a premier Permian Basin pure-play.
Unbridled Resources LLC retained EnergyNet for the sale of Delaware Basin non-producing leasehold in New Mexico’s Eddy County through an auction closing March 17.
Wolfcamp Shale producers completed by Chevron and EOG Resources in the Permian Basin plus details on exploratory wells at LLOG Exploration’s Spruance prospect in the Gulf of Mexico top this week’s oil and gas drilling activity highlights from around the world.
Chevron said it had reached the buyout agreement with Noble Midstream on March 5, roughly a month after announcing a slightly smaller offer to buy out the pipeline operator.
The heads of U.S. shale giants ConocoPhillips and Pioneer Natural Resources addressed policy changes made by the Biden administration, including a possibly fracking ban, and their effect on the oil sector’s recovery.
The Dallas Fed report also cautioned that oil refineries and chemical facilities on the Gulf Coast would need to adapt to losing barrels from the Permian Basin due to possible policy changes on federal lands made by Biden.
Here’s a snapshot of recent energy deals including Permian Basin acquisitions by U.S. Energy Development comprising interests in oil development projects in the Delaware Basin.
Here’s a quicklist of oil and gas assets on the market including certain a Samson Resources nonop / royalty package across several states plus an operated acquisition / farm-in opportunity in Wyoming’s D-J Basin.
The Oil & Gas Asset Clearinghouse LLC is partnering with Cameron Oil & Gas Inc. to market an operated working package that includes 82 wells in New Mexico’s Eddy and Lea counties.
Sustainable biosurfuctant solutions offer a promising solution for oil and gas producers to boost oil production and achieve ESG goals, says Jonathan Rogers, CEO of Locus Bio-Energy Solutions.