Permian

Business , Emissions , Energy Transition , Shale Plays , Midstream

EagleClaw to Power Permian Operations from 100% Renewable Energy

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.

June 17, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures

Colgate Launches Debt Offering to Fund Occidental Permian Asset Deal

Colgate Energy priced the offering of $500 million new senior unsecured notes due 2029, increased from the originally proposed $400 million, at par.

June 17, 2021

Lease Sales

Marketed: Mineral Interests in Endeavor-operated Permian Assets

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.

June 17, 2021

Lease Sales

Marketed: Permian Mineral Opportunity, Culberson County, Texas

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.

June 17, 2021

Public Capital , Acquisitions & Divestitures

Northern Oil & Gas Boosts Permian Position with $102 Million Acquisitions

The acquisition of nonoperated interests across core Permian Basin acreage represents the “trifecta” for Northern Oil and Gas, says COO Adam Dirlam.

June 16, 2021

Exploration & Production

Ring Energy Brings Northwest Shelf Wells Online in Permian Basin

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.

June 16, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 16, 2021

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.

June 16, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 16, 2021)

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.

June 16, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

Shell’s Potential Permian Basin Exit Seen as Bellwether for Shale Demand

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.

June 16, 2021

Lease Sales

Marketed: Pivotal Petroleum Midland Basin Well Package

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.

June 15, 2021