Delaware Basin

Highlights

Best Of This Week’s Drilling Activity Highlights (Jan. 10, 2020)

Austin Chalk producers, Chief Oil & Gas Marcellus wells and a Wolfcamp discovery by EOG top this week’s drilling activity highlights from around the world.

January 10, 2020

Public Capital , Shale Plays , Acquisitions & Divestitures

Kimbell Kicks Off New Year With $175 Million Springbok Acquisition

Kimbell Royalty Partners agreed to acquire the mineral and royalty interests held by the NGP-backed Springbok Energy Partners and its affiliates in a cash and stock transaction valued at $175 million.

January 9, 2020

People , Shale Plays , Water Management

Blackbuck Resources Expands Executive Team To Support Permian Basin Ramp-up

To support growth initiatives in the Permian Basin, Blackbuck Resources recently added Barry Portman, previously with Pioneer Natural Resources, as COO and Battlecat Energy Partners’s Jamie Liang as CFO.

January 9, 2020

Public Capital , Earnings , Unconventional , Shale Plays

Diamondback Energy Ends 2019 Strong After Frac Hit Issue Eases

Diamondback Energy reported a rebound in oil production after frac hits impacted the Permian Basin operator’s results in third-quarter 2019.

January 8, 2020

Lease Sales

On The Market Quicklist (Week Of Jan. 8, 2020)

Here’s a quicklist of oil and gas assets on the market including Permian Basin properties from a Chapter 11 sale and a package of interest in Apache-operated Midland Basin wells.

January 8, 2020

Technology

Infrastructure Networks Partnership To Bring 5G Service To US Shale Patch

Infrastructure Networks Inc. said Jan. 7 that it has completed a major expansion of its private LTE network, adding capacity in existing areas, doubling geographic coverage and upgrading the network to be 5G-ready. 

January 8, 2020

Public Capital , Acquisitions & Divestitures

WPX Energy Launches $900 Million Debt Offering To Fund Felix Deal

WPX Energy commenced a public offering of $900 million senior unsecured notes, proceeds of which are earmarked as funding for its multibillion-dollar acquisition of Felix Energy II.

January 7, 2020

Public Capital , People , Midstream

Noble Midstream Names Former Anadarko Exec Robin Fielder As COO

Robin Fielder most recently served as president, CEO and director of Western Midstream Partners and senior vice president of midstream and marketing at Anadarko Petroleum.

January 7, 2020

Water Management , Transactions , Midstream

Oilfield Water Logistics Doubles Footprint In Delaware Basin

Oilfield Water Logistics (OWL), a leading provider of produced water infrastructure solutions in the Permian and Powder River Basins, on Jan. 6 acquired a portfolio of operating assets in New Mexico (the System) from a major Permian Basin oil producer (the Seller), including 23 saltwater disposal wells and 300 miles of water gathering pipelines.

January 6, 2020

Exploration & Production , Completions

Unlocking Value In Well Designs

Improved optimization could enhance the returns sought by investors.

January 6, 2020