Diamondback Subsidiary Viper Closes $900MM Midland Royalty Deal

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.

October 2, 2024

Tailwater Buys Interests Across 5,000 Acres in Permian Core

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.

October 1, 2024

Dorchester Minerals Closes M&A in Midland, Delaware, D-J

Limited partnership Dorchester Minerals closed two transactions in the Permian Basin and in Colorado’s Denver-Julesburg (D-J) Basin.

October 1, 2024

Electricity and LNG Drive Midstream Growth as M&A Looms

The midstream sector sees surging global and domestic demand with fewer players left to offer ‘wellhead to water’ services.

September 26, 2024

Diamondback, Kinetik Boost Stake in Permian EPIC Crude Pipeline

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.

September 24, 2024

VTX Energy Quickly Ramps to 42,000 bbl/d in Southern Delaware Basin

VTX Energy’s founder was previously among the leadership that built and sold an adjacent southern Delaware operator, Brigham Resources, for $2.6 billion.

September 24, 2024

Analyst: Could Permian Gas Pipelines Fall Short of LNG Sweet Spot?

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.

September 23, 2024

Vital, NOG Close $1.1B Acquisition of Delaware Basin’s Point Energy

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.

September 23, 2024

Matador Offers $750 Million in Senior Notes Following Ameredev Deal

Matador Resources will offer $750 million in senior notes following the close of its $1.83 billion Ameredev II acquisition.

September 20, 2024

Battalion Accepts Smaller Buyout Offer From Fury Resources

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.

September 19, 2024