Victerra Energy retained EnergyNet for the sale of a Permian Basin/Wolfcamp Shale package located in Reeves County, Texas, through an auction closing June 10.
A record Wolfcamp Shale producer completed by EOG Resources in the Permian Basin plus two Haynesville Shale completions in Louisiana’s Bossier Parish top this week’s drilling activity highlights from around the world.
Here’s a snapshot of recent energy deals including a second bolt-on deal disclosed by Diversified Gas & Oil for Appalachia assets from EQT.
Proposed capacity expansion involves pipe from Crane Station to Gray Oak Crane Station.
Houston-based WaterBridge Resources agreed in late February to acquire Centennial Resource Development’s Permian water assets in a $225 million transaction that was expected to close at the end of the first quarter.
In a statement, Stephen Johnson said he and the WaterBridge board are confident that now is the right time to transition the water midstream company’s leadership to the “next generation of talent.”
Both Occidental Petroleum and Devon Energy also announced plans on May 5 to deepen cuts for the third time since March in response to the historic crash of oil prices.
Here’s a snapshot of recent energy deals including closing renegotiation of BP’s $5.6 billion Alaska sale to Hilcorp Energy and a $575 million acquisition by Total.
The amendment to Parsley Energy’s revolver, which included an 8% expansion to its borrowing capacity, will likely be a rare exception during E&P spring redeterminations, says Capital One Securities analyst.