Delaware Basin
Lease Sales
Marketed: Providence Energy Partners Non- operated WI in Delaware Basin
Providence Energy Partners II LP and Providence Energy Partners III LP has retained RedOaks Energy Advisors for the sale of a certain non-operated WI in the Delaware Basin.
Shale Plays , Acquisitions & Divestitures , Mergers , Executive Oil Conference
Post-Earthstone Deal, Permian Resources Switches Up M&A Strategy
E&P Permian Resources will shift to smaller-scale deals to add value as opportunities to consolidate in the Midland and Delaware basins shrink.
Rig Counts , Unconventional , Executive Oil Conference
ProPetro CEO: Next-gen Equipment Demand High Despite Market Headwinds
As the oilfield service market faces headwinds from consolidation and a dwindling rig count, ProPetro CEO Sam Sledge sees Permian Basin demand picking up for next-generation equipment.
Shale Plays , Acquisitions & Divestitures , Mergers
NOG Enters Ohio Utica Shale, Adds Permian with $174MM in M&A
Non-op specialist Northern Oil & Gas is entering the Ohio Utica Shale and expanding its position in the northern Delaware Basin with approximately $174 million in M&A.
![The Permian’s next M&A Hotspot may be the Delaware Basin [Watch]](/sites/default/files/styles/featurable_list_image/public/image/2023/11/exclusive-ryan-duman.jpg?itok=QYcXM52s)
Trends , Executive Oil Conference , Acquisitions & Divestitures , Hart Energy Live Exclusive
The Permian’s Next M&A Hotspot May be the Delaware [WATCH]
After nine months of Permian Basin M&A ranging from private buyouts to major mergers, Wood Mackenzie’s Ryan Duman discusses what’s next for dealmakers in the basin.
Trends , Executive Oil Conference
WoodMac: Top-tier Permian Inventory Scarce, ‘Extremely Expensive’
E&Ps large and small are scouring the Permian Basin to buy up top-quality drilling locations. But they’ll have to pay a hefty premium to get longer in America’s hottest oil play, according to WoodMac research.
Crude Oil , Exploration & Production , Earnings
EOG: Emerging Ohio Utica Combo Play Competes with Premium Portfolio
As EOG Resources explores premium onshore drilling opportunities, the company is seeing promising results from its South Texas Dorado plays and Ohio Utica results that compare with the Permian Basin.
Acquisitions & Divestitures
Permian Resources Closes $4.5B Earthstone Energy Acquisition
Permian Resources’ acquisition of Earthstone Energy increases its leasehold to more than 400,000 net acres and its production to 300,000 boe/d.
Acquisitions & Divestitures , Shale Plays
Matador ‘Encouraged’ as Delaware Horseshoe Wells Lower Drilling Costs
Matador Resources reported promising results—and lower drilling costs—from its first batch of U-shaped “horseshoe” wells in the Permian Basin.
Acquisitions & Divestitures , Shale Plays , Earnings
Northern Oil and Gas A&D Gains Traction through Permian ‘Ground Game’
Northern Oil and Gas picked up more wells and acreage in the third quarter and upped its capex as, so far this year, the company cobbled together nearly 30 net locations through 31 transactions.