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