Delaware Basin

Company Profiles , Shale Plays

BP’s Dave Lawler C-suite Chat: Work That Matters

Four years after picking up a Haynesville, Eagle Ford and Delaware Basin package for $10.5 billion, BPX Energy is delivering $1 billion a year in free cash flow to parent BP Plc. CEO Dave Lawler spoke with Oil and Gas Investor Executive Editor-at-large Nissa Darbonne on the company’s 2022 outlook and more.

July 1, 2022

Lease Sales

Marketed: Delaware, Midland Basin Mineral/Royalty Opportunity

An undisclosed seller retained EnergyNet Indigo for the sale of a Permian Basin mineral and royalty opportunity across New Mexico’s Eddy and Lea counties and Howard, Martin and Midland counties in West Texas.

June 30, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 29, 2022

Here’s a snapshot of recent energy deals including another acquisition by Earthstone Energy for the Permian Basin New Mexico assets of Titus Oil & Gas for $627 million.

June 29, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 29, 2022)

Here’s a quicklist of oil and gas assets on the market including a Mammoth Exploration Strawn Sand well package plus Salt Creek Oil and Gas nonop Williston Basin assets.

June 29, 2022

Exploration & Production , Shale Plays , Acquisitions & Divestitures

Earthstone Launches Another Deal to Add Titus’ Delaware into the Fold

The $627 million deal adds 86 net locations in the Permian Basin and boosts Earthstone Energy’s production by an estimated 26%.

June 28, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 22, 2022

Here’s a snapshot of recent energy deals including Targa Resources’ $3.55 billion cash acquisition of Lucid Energy Group in the Permian Basin.

June 22, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 22, 2022)

Here’s a quicklist of oil and gas assets on the market including PetroQuest Energy operated East Texas natural gas interests plus a Verado Energy operated horizontal development in the Permian Basin.

June 22, 2022

Private Equity , Shale Plays , Transactions

Percussion Petroleum Reportedly Seeking Sale Worth Up to $1.5 Billion

Percussion Petroleum II bought the bulk of its assets in the Permian Basin from Oasis Petroleum a year ago for $375 million plus contingent payments.

June 21, 2022

Lease Sales

Marketed: Legacy Permian Basin Mineral, Royalty Portfolio

A private seller retained TenOaks Energy Advisors for the sale of certain mineral and royalty properties located in the Delaware and Midland basins of the Permian.

June 21, 2022

Shale Plays , Mergers , Midstream

Targa Resources to Acquire Lucid Energy in $3.55 Billion Cash Deal

Targa Resources’ acquisition of Lucid Energy in the Permian Basin from Riverstone Holdings and Goldman Sachs follows the company’s $200 million bolt-on of Southcross Energy earlier this year.

June 16, 2022