Delaware Basin
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Jan. 19, 2022
Here’s a snapshot of recent energy deals including the $1.9 billion merger of Falcon Minerals with privately held Desert Peak plus Clearfork bags its first deal after a $400 million equity commitment.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Jan. 19, 2022)
Here’s a quicklist of oil and gas assets on the market including TRP Energy SCOOP/MERGE working interest plus a Powder River Basin regional exit by Team Operating.
Shale Plays , Acquisitions & Divestitures , Trends , Mergers
Upstream Deal Values Rise in 2021 Despite M&A’s Slow End
The Haynesville Shale and the Permian’s Delaware Basin were the two most active plays of 2021’s final quarter, combining for 80% of the quarter’s deal value, a new report by Enverus says.
Shale Plays , Digital Oilfield , Completions , Pressure Pumping , Well Stimulation
Evolution Well Services Partners with Permian Leader on New Frac Technology
The electric fracturing technology will be fueled by 100% natural gas via aero-derivative turbines rather than conventional fleets that rely on diesel engines.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Jan. 12, 2022
Here’s a snapshot of recent energy deals including UpCurve II’s initial acquisition in the Permian Basin plus a surprise $3.25 billion cash acquisition announced by Enterprise Products Partners.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Jan. 12, 2022)
Here’s a quicklist of oil and gas assets on the market including a sizable royalty position in the Permian Basin and Eagle Ford Shale being offered by Kimmeridge plus a Cornerstone Energy well package in North Dakota.
Public Capital , Shale Plays , Acquisitions & Divestitures
Falcon Minerals Agrees to $1.9 Billion All-stock Merger with Desert Peak
The transaction with Desert Peak will mark the next chapter for Falcon Minerals, which formed in 2018 through an $800 million combination with Blackstone’s royalty business.
Public Capital , People , Shale Plays , Acquisitions & Divestitures
Matador Resources Promotes Billy Goodwin, Van Singleton
Concurrent with the promotions, President Matthew V. Hairford and David E. Lancaster, executive vice president and CFO, both plan to retire and transition to new duties as special advisers to Matador’s board.
Lease Sales
Marketed: Kimmeridge Energy Royalty Sale, Permian Basin, Eagle Ford
Kimmeridge Energy Management Co. LLC retained TenOaks Energy Advisors for the sale of a sizable royalty position located in the Permian Basin and Eagle Ford Shale.
Emissions , Energy Transition , Shale Plays , Midstream
Lucid to Develop Largest CCS Project in the Permian Basin
Lucid Energy Group received EPA approval on Jan. 11 for its plan for the sequestering of CO₂ from its Red Hills gas processing complex in New Mexico’s Lea County.