Munich Minerals and Royalty and Majestic Minerals and Royalty retained RedOaks Energy Advisors for the sale of mineral properties located in the Midland and Delaware basins within the Permian.
Here’s a quicklist of oil and gas assets on the market including Corterra Energy Arkoma Basin properties and Echo Investment Partners foreclosure process.
For two years in a row since 2018, Texas RRC staff has taken two days on average to process standard drilling permits, one day below the legislative requirement, a release from the state agency said.
The dialing in of optimal completion designs by operators is keeping sand and water providers busy right-sizing their logistical response.
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.
Merced Capital retained Energy Advisors Group to market nonoperated working interest in Southern Midland Basin wells operated by Apache with a cash flow of about $60,930 per month in first-half 2019.