Permian shale gas from West Texas continues to find increasing market share south of the border in Mexico amid robust demand and more pipelines connecting the central and southwest regions of the Latin American country.
Earthstone Energy Inc. retained Detring Energy Advisors for the sale of a large, operated, contiguous and fully HBP Permian footprint concentrated in the eastern Midland Basin.
Doug Lawler joined Continental Resources in February as COO and executive vice president following three decades in the oil and gas industry.
Here’s a snapshot of recent energy deals including the sale of Laredo Petroleum’s Howard County properties in the Permian Basin to Northern Oil and Gas for $110 million.
Here’s a quicklist of oil and gas assets on the market including Chevron U.S.A. Eddy County, New Mexico, operations and HBP leasehold in the Permian Basin plus Crystal Energy nonoperated Williston Basin properties.
Chevron U.S.A. Inc. retained EnergyNet for the sale of Eddy County, New Mexico, operations and HBP leasehold located within the Permian Basin through a sealed-bid offering.
The sale of certain nonoperated properties from its Permian Basin position in Howard County, Texas, to NOG does not reduce Laredo Petroleum’s eight-year inventory of operated, high-quality drilling locations, the company said.
Big production increases are also expected in other major plays, including Eagle Ford, Bakken, Appalachia and Haynesville, the agency said.
Brigham Minerals partially redeployed the proceeds from a divestiture in the Anadarko Basin during the second quarter into debt reduction and its acquisition ground game in the Permian Basin.
Earthstone Energy's previously announced acquisition of Titus Oil & Gas' Delaware Basin assets will expand the company's acreage by 7,900 net acres.