D–J Basin

M&A Values: Permian Still No. 1 as U.S. Average Falls Sharply

Gas-weighted assets’ M&A values have declined with gas futures since 2022, according to J.P. Morgan Securities analysis.

July 10, 2024

D-J’s Elevation Midstream, ARB Midstream Subsidiary to Merge

Elevation Midstream and Platte River Holdings, a subsidiary of ARB Midstream, are merging to create a D-J Basin midstream company of scale.

July 8, 2024

It’s All Relative: Family Oil Companies Attract Huge M&A Attention

What role do firms controlled by descendants of the original Permian Basin wildcatters play in a sector increasingly dominated by scale?

July 1, 2024

Hunt Oil Co. Markets DJ, Midcontinent-heavy Minerals Package

Hunt Oil Co., one of the nation’s oldest family-owned oil companies, is marketing minerals and royalties across several major basins.

June 4, 2024

Sitio Closes D-J Basin Deal, Looks to Defragment Minerals Space

Sitio Royalties closed its acquisition of 13,062 net royalty acres. CEO Chris Conoscenti has a strong pipeline of minerals acquisition opportunities.

May 9, 2024

IOG Resources Acquires Interests from Civitas

IOG Resources acquired interests in the Denver-Julesburg Basin from Civitas Resources.

May 6, 2024

Exxon Mobil, Chevron See Profits Fall in 1Q Earnings

Chevron and Exxon Mobil are feeling the pinch of weak energy prices, particularly natural gas, and fuels margins that have cooled in the last year.

April 26, 2024

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

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

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