Delaware Basin

Public Capital , Executive Oil Conference , Acquisitions & Divestitures

Permian Resources Could Entertain Value Propositions Next Year, Co-CEO Says

Recently formed Permian Resources isn’t averse to looking at value propositions but at the moment the company is focused on driving synergies and creating shareholder value, Co-CEO Will Hickey told attendees of Hart Energy’s Executive Oil Conference.

November 22, 2022

Executive Oil Conference , Unconventional , Natural Gas

Permian Gas Production Set to Rise 41% by 2030, Rystad Says

Gas production from the Permian Basin has already surpassed pre-pandemic highs and is slated to rise 41% by 2030 compared to current levels, according to Rystad Energy data.

November 21, 2022

Private Equity , Executive Oil Conference , Acquisitions & Divestitures

Double Eagle Energy Unveils 25,000-Acre Permian Basin Footprint

Double Eagle has garnered almost $2 billion in equity commitments for its Double Eagle IV partnership which could bring upwards to 25,000 net acres under its ownership in the Permian Basin by year-end, CFO Joshua A. Gregg told attendees at Hart Energy’s annual Executive Oil Conference.

November 18, 2022

Trends

A&D Minute (Nov. 16, 2022): Diamondback’s $500 Million Divestiture Goal [WATCH]

Also in this week’s A&D Minute: Kimbell Royalty Partners made its largest deal in four years plus find out why EOG Resources CEO Ezra Yacob is comparing the company’s new Utica play’s prospects to the Delaware Basin.

November 16, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of Nov. 16, 2022)

Here’s a quicklist of oil and gas assets on the market including a Recoil Resources Eagleville Field well package within the Eagle Ford Basin in Atascosa and Wilson counties, Texas.

November 16, 2022

Shale Plays , Gathering & Processing , Pipelines

Midstream Takeaway: More Permian Pipelines

The current round of pipeline expansions means more capacity and consolidation in the Permian Basin.

November 15, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures

Diamondback Makes Quick Work Toward Divestiture Goal With $155 Million Sale

Diamondback Energy has targeted $500 million of noncore asset sales in the Permian Basin in connection with its $1.6 billion FireBird acquisition last month.

November 10, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Nov. 9, 2022

Here’s a snapshot of recent energy deals including Marathon Oil’s $3 billion cash acquisition of Ensign Natural Resources in the Eagle Ford Shale plus Kimbell’s largest deal in four years.

November 9, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of Nov. 9, 2022)

Here’s a quicklist of oil and gas assets on the market including a nonoperated position in the Bakken concentrated in Williams and Dunn counties, North Dakota, plus a Sabine Oil & Gas East Texas well package.

November 9, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures

Kimbell’s Largest Deal in Four Years Adds Permian Basin Royalty Interests

Kimbell Royalty Partners purchased Midland and Delaware basin assets in the Permian from Hatch Royalty for $290 million.

November 8, 2022