Delaware Basin

Lease Sales

Marketed: Wagner Oil Asset Divestiture Across Four Packages

Wagner Oil retained TenOaks Energy Advisors for the sale of four packages comprising South Texas, South Louisiana, Permian Basin and Delaware Basin royalty interests.

August 12, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Aug. 12, 2020)

Here’s a quicklist of oil and gas assets on the market including a Delaware Basin royalty package from Tumbler Energy Partners plus the associated mineral interests in the historic Hanging H Ranch located in Reeves and Loving counties, Texas.

August 12, 2020

Lease Sales

Marketed: Private Seller Delaware Basin Minerals Opportunity

A private seller retained Detring Energy Advisors to market for sale the associated mineral interests of the historic Hanging H Ranch asset located in the Delaware Basin in Reeves and Loving counties, Texas.

August 10, 2020

Water Management , Midstream

NGL Energy Partners Inks Long-Term Permian Acreage Dedication for Produced Water

NGL Energy Partners LP said Aug. 6 that it has signed a new long-term produced water transportation and disposal agreement with a leading independent producer operating in Eddy and Lea Counties within the Delaware Basin.

August 7, 2020

Lease Sales

Marketed: Tumbler Energy Partners Delaware Basin Royalty Properties

Tumbler Energy Partners retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its Delaware Basin royalty properties.

August 6, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Aug. 5, 2020)

Here’s a quicklist of oil and gas assets on the market including the sale of operated positions in the Permian and Illinois basins by Tamarack Petroleum plus Chevron’s Carter Knox Field asset located in Oklahoma’s Grady and Stephens counties

August 5, 2020

Public Capital , Earnings , Exploration & Production , Shale Plays

Diamondback Energy Posts Second-quarter Loss on $2.54 Billion Charge

Diamondback Energy also decreased its cash operating costs “dramatically” in the second quarter, according to CEO Travis Stice, some of which he expects to become permanent.

August 3, 2020

Private Equity , Shale Plays , Water Management , Acquisitions & Divestitures , Midstream

Solaris Water Midstream Boosts Permian Footprint with Concho Resources Deal

In conjunction with the deal, Solaris Water Midstream’s sponsors and management also increased their capital commitments to support the continued expansion of the company’s infrastructure systems in the Permian Basin.

July 30, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of July 29, 2020

Here’s a snapshot of recent energy deals including a multimillion-dollar acquisition by ConocoPhillips in Canada’s Montney Shale plus CNX Resources’ buyout of its midstream affiliate.

July 29, 2020

Public Capital , Shale Plays , Acquisitions & Divestitures

Black Stone Minerals Completes Permian Basin Asset Sales

Black Stone Minerals certain mineral and royalty properties from its Permian Basin position through two separate agreements with the larger of the two involving EnCap portfolio company Pegasus Resources.

July 28, 2020