Midland Basin
Private Equity , Investment , Natural Gas , Shale Plays , Gathering & Processing , Construction
In Midland Basin, it’s Growth O’clock
Pinnacle Midstream II LLC’s Dos Picos processing plant will respond to increased gas production in the short term, but the world is expected to demand even more over the long term.
Water Management , System Integrity
Recycling Produced Water in Completed Development Areas
An operator increases produced water recycling and reduces produced water injection via water midstream infrastructure in Midland County.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (July 30, 2021)
A new Walker Ridge discovery in the U.S. Gulf by Chevron plus two more Wolfcamp Shale producers from CrownQuest’s Avogadro prospect in the Permian Basin top this week’s oil and gas drilling activity highlights from around the world.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of July 28, 2021
Here’s a snapshot of recent energy deals including the acquisition of a “unique opportunity” in the Permian Basin by Lime Rock Resources in a $508.3 million deal plus Whiting Petroleum’s exit from the D-J Basin.
Lease Sales
On the Market Oil and Gas Quicklist (Week of July 28, 2021)
Here’s a quicklist of oil and gas assets on the market including a Rockcliff Energy package of long-lived conventional production in East Texas plus the sale of an undivided 50% in BHCH Mineral’s legacy mineral and royalty portfolio.
Lease Sales
Marketed: BHCH Mineral Legacy Mineral, Royalty Portfolio
BHCH Mineral Ltd. retained TenOaks Energy Advisors for the sale of an undivided 50% of its legacy mineral and royalty portfolio located across numerous basins in the continental U.S. broken up into four sub-packages.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of July 21, 2021
Here’s a snapshot of recent energy deals including Kinder Morgan’s entry into the energy transition space through a $310 million acquisition.
Lease Sales
On the Market Oil and Gas Quicklist (Week of July 21, 2021)
Here’s a quicklist of oil and gas assets on the market including the sale of producing conventional properties in the East Texas Basin by Rockcliff Energy plus Blackbeard Operating Delaware Basin working interest.
Public Capital , Shale Plays , Acquisitions & Divestitures
Earthstone Updates Guidance after Closing Latest Permian Acquisition
So far in 2021, Earthstone Energy has completed two acquisitions in the Permian Basin and announced another in the Eagle Ford Shale for a total of $360 million spent in aggregate acquisitions, says CEO Robert J. Anderson.
Lease Sales
Marketed: Midland Basin Mineral, Royalty Interests
A private seller retained PetroDivest Advisors for the sale of oil and gas mineral and royalty interests in the core of the Midland Basin.