Providence Energy Partners II LP and Providence Energy Partners III LP has retained RedOaks Energy Advisors for the sale of a certain non-operated WI in the Delaware Basin.
E&P Permian Resources will shift to smaller-scale deals to add value as opportunities to consolidate in the Midland and Delaware basins shrink.
As the oilfield service market faces headwinds from consolidation and a dwindling rig count, ProPetro CEO Sam Sledge sees Permian Basin demand picking up for next-generation equipment.
Non-op specialist Northern Oil & Gas is entering the Ohio Utica Shale and expanding its position in the northern Delaware Basin with approximately $174 million in M&A.
After nine months of Permian Basin M&A ranging from private buyouts to major mergers, Wood Mackenzie’s Ryan Duman discusses what’s next for dealmakers in the basin.
E&Ps large and small are scouring the Permian Basin to buy up top-quality drilling locations. But they’ll have to pay a hefty premium to get longer in America’s hottest oil play, according to WoodMac research.
As EOG Resources explores premium onshore drilling opportunities, the company is seeing promising results from its South Texas Dorado plays and Ohio Utica results that compare with the Permian Basin.
Permian Resources’ acquisition of Earthstone Energy increases its leasehold to more than 400,000 net acres and its production to 300,000 boe/d.
Matador Resources reported promising results—and lower drilling costs—from its first batch of U-shaped “horseshoe” wells in the Permian Basin.
Northern Oil and Gas picked up more wells and acreage in the third quarter and upped its capex as, so far this year, the company cobbled together nearly 30 net locations through 31 transactions.