Delaware Basin

Lease Sales

Marketed: Centennial Resource Development Operated Delaware Basin Asset

Centennial Resource Development retained TenOaks Energy Advisors as its exclusive adviser in the sale of its Big Chief asset located in the southern Delaware Basin in Reeves County, Texas.

September 23, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 22, 2021

Here’s a snapshot of recent energy deals including Shell’s U.S. shale exit through the $9.5 billion cash sale of its Permian Basin position to ConocoPhillips.

September 22, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of Sept. 22, 2021)

Here’s a quicklist of oil and gas assets on the market including a legacy mineral position in the Permian Basin plus a Rock Oil nonop and minerals opportunity in the SCOOP and STACK plays of Oklahoma.

September 22, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures , Trends

Insight: ConocoPhillips Made Shell Permian Deal with Cash, ‘Patience’

After patiently waiting through the shale land rush, Enverus’ Andrew Dittmar says ConocoPhillips is picking up prime real estate in the Permian Basin with its blockbuster purchase from Shell.

September 22, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

Pioneer Reportedly Targeting $2 Billion Sale of Delaware Basin Assets

Pioneer Natural Resources is pursuing the sale of its Delaware Basin assets with a target price of over $2 billion, according to a report citing two sources familiar with the matter.

September 17, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 15, 2021

Here’s a snapshot of recent energy deals including the sale by Colgate Energy of the Permian Basin water assets it had recently acquired as part of its $508 million acquisition from Occidental Petroleum.

September 15, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of Sept. 15, 2021)

Here’s a quicklist of oil and gas assets on the market including EnerVest Utica Shale nonop and ORRI assets plus Sabine Oil & Gas operated East Texas properties and an Eagle Ford mineral position.

September 15, 2021

Lease Sales

Marketed: Lea County, New Mexico, Surface Acquisition Opportunity

A private seller retained PetroDivest Advisors for the sale of its surface acreage in New Mexico in southern Lea County within the core of the northern Delaware Basin.

September 14, 2021

Shale Plays , Water Management , Acquisitions & Divestitures , Midstream

Colgate Flips Occidental Petroleum Water Asset in Sale to WaterBridge

Colgate Energy agreed to sell the produced water infrastructure associated with its recent $508 million asset acquisition from Occidental Petroleum in the Permian Basin.

September 14, 2021

Shale Plays , Acquisitions & Divestitures

U.S. Energy Development Scores $50 Million Acquisition in Permian Basin Core

U.S. Energy Development’s latest acquisition marks the firm’s fifth major deal in the calendar year and brings the company’s total investment in the Permian Basin over the past year to $135 million.

September 9, 2021