Deep Potential: Permian Woodford Delivers as Exxon, Mewbourne Join In

Oklahoma’s finest Woodford Shale developers are applying their learnings to the Permian Basin, where exploration of the deep bench is in its earliest innings.

May 22, 2025

On the Market This Week (May 5, 2025)

Here is a roundup of marketed oil and gas leaseholds in the Permian, Williston and Appalachian basins and the Bakken, Haynesville and Eagle Ford shales.

May 9, 2025

Riley Permian Buys Northwest Shelf E&P Silverback II for $142MM

Riley Exploration Permian Inc. is adding Northwest Shelf assets from EnCap-backed Silverback Exploration II. Riley is also cutting capex and focusing on preserving inventory amid weak oil prices.

May 8, 2025

Ring Energy Closes Central Basin Platform M&A from Lime Rock

Ring Energy added 17,700 net acres and 2,300 boe/d of production in the Central Basin Platform through an acquisition from Lime Rock Resources IV.

April 1, 2025

Diversified Energy Closes $1.3B Maverick Acquisition, Enters Permian

Diversified Energy Co. Plc completed its $1.3 billion acquisition of EIG-backed Maverick Natural Resources.

March 16, 2025

Ring May Drill—or Sell—Barnett, Devonian Assets in Eastern Permian

Ring Energy could look to drill—or sell—Barnett and Devonian horizontal locations on the eastern side of the Permian’s Central Basin Platform. Major E&Ps are testing and tinkering on Barnett well designs nearby.

March 7, 2025

Ring Sells Non-Core Vertical Wells as it Closes in on Lime Rock

Ring Energy Inc. said it sold non-core vertical wells with high operating costs as it works to close an acquisition of Lime Rock Resources IV’s Central Basin Platform assets.

March 6, 2025

Ring Energy Bolts On Lime Rock’s Central Basin Assets for $100MM

Ring Energy Inc. is bolting on Lime Rock Resources IV LP’s Central Basin Platform assets for $100 million.  

February 26, 2025

Diversified to Acquire Maverick, Enter Permian Basin in $1.3B Deal

Diversified Energy will acquire EIG’s Maverick Natural Resources, adding acreage that offsets Diversified’s core Western Anadarko position and Permian Basin assets in the northern Delaware.

January 27, 2025

Shale Outlook Permian: The Once and Future King Keeps Delivering

The Permian Basin’s core is in full-scale manufacturing mode, with smaller intrepid operators pushing the basin’s boundaries further and deeper.

January 10, 2025