Delaware Basin
People , Midstream
Western Midstream Introduce New Officers
Michael Pearl succeeds Jaime R. Casas who has transitioned to vice president and Treasurer of Occidental Petroleum.
Trends
A&D Transactions From The Week Of Oct. 16, 2019
Here’s a snapshot of energy deals from the past week including Parsley Energy’s acquisition of its Permian neighbor Jagged Peak Energy in an all-stock transaction worth roughly $2.3 billion.
Lease Sales
On The Market Quicklist (Week Of Oct. 16, 2019)
Here’s a quicklist of oil and gas assets on the market including positions in the Permian Basin from Apache and Chevron.
Lease Sales
Marketed: Core Delaware Basin Nonop Asset, Ward County, Texas
Rio Oil and Gas II retained Detring Energy Advisors for the sale of a core Delaware Basin asset in Ward County, Texas, operated by Chevron in an offering closing Nov. 20.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Parsley To Acquire Jagged Peak In $2.3 Billion All-Stock Transaction
The acquisition of Jagged Peak will more than double Parsley Energy’s position in the Delaware Basin, where the companies expect to generate G&A savings of about $25 million within the first year.
Highlights
Best Of This Week’s Drilling Activity Highlights (Oct. 11, 2019)
High-volume Wolfcamp and Bone Spring completions by Occidental in the Permian plus exploration permits offshore Newfoundland top this week’s drilling activity highlights from around the world.
Lease Sales
Marketed: EnCore Permian Nonop Assets, Howard And Pecos Counties
EnCore Permian Holdings LP retained Eagle River Energy Advisors LLC for the sale of nonoperated Permian Basin assets in West Texas through an offering closing Nov. 14.
Trends
A&D Transactions From The Week Of Oct. 9, 2019
Here’s a snapshot of energy deals from the past week including the $1 billion all-cash acquisition of Roan Resources and Contango’s takeover of White Star Petroleum.
Lease Sales
On The Market Quicklist (Week Of Oct. 9, 2019)
Here’s a quicklist of oil and gas assets on the market including ConocoPhillips Louisiana Austin Chalk leasehold and a package of producing minerals in the Piceance Basin.
Lease Sales
Marketed: Permian Mineral Package Across Midland, Delaware Basins
A private seller retained Detring Energy Advisors for the sale of a Permian Basin mineral and royalty package comprising about 1,700 net royalty acres with bids due Nov. 13.