Delaware Basin
Lease Sales
Marketed: Permian Basin Mineral Package, Reeves County, Texas
A private seller has retained RedOaks Energy Advisors for the sale of its Delaware Basin royalty properties in Reeves County, Texas, operated in the Permian by Centennial Resource Development.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of June 23, 2021
Here’s a snapshot of recent energy deals including $102.2 million worth of acquisitions in the Permian Basin by Northern Oil and Gas.
Lease Sales
On the Market Oil and Gas Quicklist (Week of June 23, 2021)
Here’s a quicklist of oil and gas assets on the market including ConocoPhillips’ Chittim Ranch waterflood asset in Maverick County, Texas, plus two separate Permian Basin asset packages from SM Energy.
Lease Sales
Marketed: Eddy County ORRI, New Mexico, Permian Basin
LandGate is marketing for sale an overriding royalty interest in New Mexico’s Eddy County producing from horizontal Wolfcamp and Bone Springs wells for an undisclosed seller.
Public Capital , Emissions , Energy Transition , Shale Plays
Devon Energy Sets Target to Eliminate Routine Flaring
Devon Energy said reducing flared volumes, in particular, will play a key component in the company’s broader emissions reduction strategy to achieve net-zero greenhouse gas emissions by 2050
Business , Emissions , Energy Transition , Shale Plays , Midstream
EagleClaw to Power Permian Operations from 100% Renewable Energy
EagleClaw Midstream said it is the first major gathering and processing company in the Permian Basin to procure 100% of its power for operations from renewable energy sources.
Private Equity , Shale Plays , Acquisitions & Divestitures
Colgate Launches Debt Offering to Fund Occidental Permian Asset Deal
Colgate Energy priced the offering of $500 million new senior unsecured notes due 2029, increased from the originally proposed $400 million, at par.
Public Capital , Acquisitions & Divestitures
Northern Oil & Gas Boosts Permian Position with $102 Million Acquisitions
The acquisition of nonoperated interests across core Permian Basin acreage represents the “trifecta” for Northern Oil and Gas, says COO Adam Dirlam.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of June 16, 2021
Here’s a snapshot of recent energy deals including Occidental Petroleum’s $508 million asset sale in the Permian Basin plus an Eagle Ford deal by Earthstone Energy.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (June 11, 2021)
New Permian Basin-Wolfcamp Shale, Marcellus and Haynesville discoveries plus Niobrara completions at a Weld County drillpad in Colorado by soon-to-be-acquired Extraction Oil & Gas top this week’s oil and gas drilling activity highlights from around the world.