Here’s a quicklist of oil and gas assets on the market including a Ridge Runner Resources Northern Delaware nonop opportunity and Kaiser-Francis Oil Arkoma Basin exit.
Greylock CEO Kyle Mork told Hart Energy in an exclusive interview that the company’s oil production will increase roughly 2,000% as a result of the acquisitions.
Ovintiv’s Uinta Basin assets spanned around 207,000 net acres in central Utah and had production of around 13,000 boe/d as of its 2020 annual report.
Here’s a snapshot of recent energy deals including Crescent Energy’s $815 million all-cash acquisition of Uintah Basin assets previously owned by EP Energy in Utah.
Crescent Energy will acquire the Uinta Basin assets, previously owned by EP Energy, in an all-cash transaction from Verdun Oil, an EnCap-backed firm.
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
Comstock Haynesville completions in Louisiana’s Bossier Parish plus Chesapeake results from Marcellus Shale wells and Uteland Butte producers in the Piceance-Uinta Basin top this week’s oil and gas drilling activity highlights from around the world.
EOG Bone Spring wells plus Hibernia Wolfcamp discoveries in the Permian Basin plus Chesapeake Marcellus completions and results announced from a new Paradox Basin venture by Zephyr Energy top this week’s oil and gas drilling activity highlights from around the world.
EnCap plans to split EP, which holds production assets in South Texas and Northeastern Utah, into its separate geographies and merge them with existing portfolio companies, according to the sources.
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.