Rockies

Lease Sales

Marketed: Williston, Powder River Basins 247 Well Package

A private seller has retained EnergyNet for the sale of a Williston and Powder River basins 247 well package in Sheridan, Montana, Burke and McKenzie counties, North Dakota and Campbell County, Wyoming.

March 11, 2024

Shale Plays , Acquisitions & Divestitures

Uinta Basin's XCL Seeks FTC OK to Buy Altamont Energy

XCL Resources is seeking approval from the Federal Trade Commission to acquire fellow Utah producer Altamont Energy LLC.

March 7, 2024

Earnings , Crude Oil , Exploration & Production

Uinta Basin: 50% More Oil for Twice the Proppant

The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.

March 6, 2024

Lease Sales

Marketed: Amati Royalties Powder River Basin Opportunity

Amati Royalties has retained EnergyNet for the sale of a Powder River Basin opportunity with four wells and two pending wells in Campbell County, Wyoming.

March 1, 2024

Acquisitions & Divestitures

Sitio Royalties Dives Deeper in D-J with $150MM Acquisition

Sitio Royalties is deepening its roots in the D-J Basin with a $150 million acquisition—citing regulatory certainty over future development activity in Colorado.

February 29, 2024

Lease Sales

Marketed: Stone Hill Minerals Holdings 95 Well Package in Colorado

Stone Hill Minerals Holdings has retained EnergyNet for the sale of a D-J Basin 95 well package in Weld County, Colorado.

February 28, 2024

Acquisitions & Divestitures

Civitas, Prioritizing Permian, Jettisons Non-core Colorado Assets

After plowing nearly $7 billion into Permian Basin M&A last year, Civitas Resources is selling off non-core acreage from its legacy position in Colorado as part of a $300 million divestiture goal.

February 27, 2024

Lease Sales

Marketed: Private Seller Certain Royalty Properties in D-J Basin

A private seller retained RedOaks Energy Advisors for the sale of certain royalty properties in the D-J Basin.

February 13, 2024

Earnings , Shale Plays , Crude Oil

Exxon, Chevron Tapping Permian for Output Growth in ‘24

Exxon Mobil and Chevron plan to tap West Texas and New Mexico for oil and gas production growth in 2024, the U.S. majors reported in their latest earnings.

February 2, 2024

Mergers , Policy & Regulations

Daugherty: Feds Take Aggressive Posture on Oil, Gas Mergers

Newly released guidelines by the Department of Justice and Federal Trade Commission suggest that a post-deal, combined market share of more than 30% is potentially problematic.

February 1, 2024