Diamondback Energy’s Viper Energy closed the last of three acquisitions from Tumbleweed Royalty, owned by Double Eagle Energy’s founders, that together totaled about $1.1 billion.
Tailwater Capital's purchase of non-op working interests from Accelerate Resources includes future inventory held by Diamondback, EOG Resources, Devon and several other E&Ps.
Limited partnership Dorchester Minerals closed two transactions in the Permian Basin and in Colorado’s Denver-Julesburg (D-J) Basin.
The midstream sector sees surging global and domestic demand with fewer players left to offer ‘wellhead to water’ services.
Diamondback Energy, in partnership with Kinetik, is boosting its takeaway capacity and ownership stake in the EPIC Crude pipeline after closing a $26 billion Permian Basin acquisition.
VTX Energy’s founder was previously among the leadership that built and sold an adjacent southern Delaware operator, Brigham Resources, for $2.6 billion.
Permian Basin oil producers will be elated to see the Matterhorn Express and another planned pipeline move gas out of their way — but both will terminate east of the biggest LNG market in the world.
Point Energy Partners, backed by Vortus Investments Advisors, sold its Delaware Basin acreage at 40,000 boe/d of production to Vital Energy and Northern Oil and Gas for $1.1 billion.
Matador Resources will offer $750 million in senior notes following the close of its $1.83 billion Ameredev II acquisition.
Permian Basin producer Battalion Oil agreed to an updated proposal to be acquired by Fury Resources for $7 per share in cash after an initial offer last year of $9.80 per share.