Delaware Basin
Lease Sales
Marketed: Centennial Resource Development Operated Delaware Basin Asset
Centennial Resource Development retained TenOaks Energy Advisors as its exclusive adviser in the sale of its Big Chief asset located in the southern Delaware Basin in Reeves County, Texas.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Sept. 22, 2021
Here’s a snapshot of recent energy deals including Shell’s U.S. shale exit through the $9.5 billion cash sale of its Permian Basin position to ConocoPhillips.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Sept. 22, 2021)
Here’s a quicklist of oil and gas assets on the market including a legacy mineral position in the Permian Basin plus a Rock Oil nonop and minerals opportunity in the SCOOP and STACK plays of Oklahoma.
Public Capital , Shale Plays , Acquisitions & Divestitures , Trends
Insight: ConocoPhillips Made Shell Permian Deal with Cash, ‘Patience’
After patiently waiting through the shale land rush, Enverus’ Andrew Dittmar says ConocoPhillips is picking up prime real estate in the Permian Basin with its blockbuster purchase from Shell.
Public Capital , Shale Plays , Acquisitions & Divestitures
Pioneer Reportedly Targeting $2 Billion Sale of Delaware Basin Assets
Pioneer Natural Resources is pursuing the sale of its Delaware Basin assets with a target price of over $2 billion, according to a report citing two sources familiar with the matter.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Sept. 15, 2021
Here’s a snapshot of recent energy deals including the sale by Colgate Energy of the Permian Basin water assets it had recently acquired as part of its $508 million acquisition from Occidental Petroleum.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Sept. 15, 2021)
Here’s a quicklist of oil and gas assets on the market including EnerVest Utica Shale nonop and ORRI assets plus Sabine Oil & Gas operated East Texas properties and an Eagle Ford mineral position.
Lease Sales
Marketed: Lea County, New Mexico, Surface Acquisition Opportunity
A private seller retained PetroDivest Advisors for the sale of its surface acreage in New Mexico in southern Lea County within the core of the northern Delaware Basin.
Shale Plays , Water Management , Acquisitions & Divestitures , Midstream
Colgate Flips Occidental Petroleum Water Asset in Sale to WaterBridge
Colgate Energy agreed to sell the produced water infrastructure associated with its recent $508 million asset acquisition from Occidental Petroleum in the Permian Basin.
Shale Plays , Acquisitions & Divestitures
U.S. Energy Development Scores $50 Million Acquisition in Permian Basin Core
U.S. Energy Development’s latest acquisition marks the firm’s fifth major deal in the calendar year and brings the company’s total investment in the Permian Basin over the past year to $135 million.