Delaware Basin

Acquisitions & Divestitures , The OGInterview , Mergers , Shale Plays

Buy and Buy: Vital Energy's M&A Strategy for the Permian

Vital Energy’s rapid growth in the Permian Basin stems from CEO Jason Pigott’s strategy of acquiring smaller private producers—one after the other.

December 4, 2023

Lease Sales

Marketed: Providence Energy Partners Non- operated WI in Delaware Basin

Providence Energy Partners II LP and Providence Energy Partners III LP has retained RedOaks Energy Advisors for the sale of a certain non-operated WI in the Delaware Basin.

November 29, 2023

Shale Plays , Acquisitions & Divestitures , Mergers , Executive Oil Conference

Post-Earthstone Deal, Permian Resources Switches Up M&A Strategy

E&P Permian Resources will shift to smaller-scale deals to add value as opportunities to consolidate in the Midland and Delaware basins shrink.

November 22, 2023

Rig Counts , Unconventional , Executive Oil Conference

ProPetro CEO: Next-gen Equipment Demand High Despite Market Headwinds

As the oilfield service market faces headwinds from consolidation and a dwindling rig count, ProPetro CEO Sam Sledge sees Permian Basin demand picking up for next-generation equipment.

November 21, 2023

Shale Plays , Acquisitions & Divestitures , Mergers

NOG Enters Ohio Utica Shale, Adds Permian with $174MM in M&A

Non-op specialist Northern Oil & Gas is entering the Ohio Utica Shale and expanding its position in the northern Delaware Basin with approximately $174 million in M&A.

November 21, 2023

Trends , Executive Oil Conference , Acquisitions & Divestitures , Hart Energy Exclusive

The Permian’s Next M&A Hotspot May be the Delaware [WATCH]

After nine months of Permian Basin M&A ranging from private buyouts to major mergers, Wood Mackenzie’s Ryan Duman discusses what’s next for dealmakers in the basin.

November 17, 2023

Trends , Executive Oil Conference

WoodMac: Top-tier Permian Inventory Scarce, ‘Extremely Expensive’

E&Ps large and small are scouring the Permian Basin to buy up top-quality drilling locations. But they’ll have to pay a hefty premium to get longer in America’s hottest oil play, according to WoodMac research.

November 17, 2023

Crude Oil , Exploration & Production , Earnings

EOG: Emerging Ohio Utica Combo Play Competes with Premium Portfolio

As EOG Resources explores premium onshore drilling opportunities, the company is seeing promising results from its South Texas Dorado plays and Ohio Utica results that compare with the Permian Basin.

November 8, 2023

Acquisitions & Divestitures

Permian Resources Closes $4.5B Earthstone Energy Acquisition

Permian Resources’ acquisition of Earthstone Energy increases its leasehold to more than 400,000 net acres and its production to 300,000 boe/d.

November 1, 2023

Acquisitions & Divestitures , Shale Plays

Matador ‘Encouraged’ as Delaware Horseshoe Wells Lower Drilling Costs

Matador Resources reported promising results—and lower drilling costs—from its first batch of U-shaped “horseshoe” wells in the Permian Basin.

October 27, 2023