How Does Gulf Of Mexico Stack Up Against Shale?
Optionality and infrastructure are key onshore and offshore as operators bring down costs.
June 24, 2019
Permian
Coal Producer Buys Permian Minerals From Wing Resources For $145 Million
Alliance Resource Partners agreed to acquire assets from NGP-backed Wing Resources as the coal producer continues to grow its oil and gas minerals segment, particularly in the Permian Basin.
June 24, 2019
Executive Q&A: Ameredev, Part Two
Representing a new generation of nimble entrepreneurs, Ameredev CEO Parker Reese had quick success in his first private-equity outing. With the E&P playing field shifting, can he do it again?
June 24, 2019
Analyst: ‘We Need Exports To Keep Going’
Booming oil and gas production, particularly from the Permian Basin, has made the industry reliant on foreign markets to continue its growth.
June 24, 2019
Marketed: Operated Permian Basin Asset, Glasscock County, Texas
MGM Oil & Gas Co. retained Oil & Gas Asset Clearinghouse for the sale of an operated Permian Basin asset in West Texas thought an offering closing July 10.
June 21, 2019
Report: Planned Red Oak Pipeline Will Contribute To Crude Overbuild
Bernstein Midstream speculates that the additional pipeline projects will bring the 2021 WTI-Brent differentials to less than $4 a barrel, which is way below the current curve of $6.50.
June 21, 2019
Private Equity , Investment , Unconventional , Shale Plays , Acquisitions & Divestitures , Joint Ventures
Texas Company Forms $165 Million JV To Develop Permian Wolfcamp
Ares-backed Development Capital Resources agreed to partner with an unnamed private operator to fund development of the Permian’s Wolfcamp Shale.
June 20, 2019
Marketed: Producing West Texas Minerals, Surface Acreage In Ward County
Josey Oil retained EnergyNet for the sale of West Texas assets within the Permian Basin through a sealed-bid offering closing July 2.
June 20, 2019
Public Capital , Unconventional , Field Development , Acquisitions & Divestitures , Trends , Midstream
Permian Player Pioneer Natural Resources Talks Monetizing Assets
Selling midstream interest, water infrastructure and long-dated inventory are among the options for the Permian pure-play.
June 19, 2019
Marketed: Permian Basin Royalty Interest In Concho-Operated Wells
Caddo Minerals retained EnergyNet for the sale of Permian Basin assets producing from the Wolfcamp Shale in Reeves County, Texas, through a sealed-bid offering closing June 27.
June 19, 2019