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.
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.
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.
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.
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.