Rockies
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.
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.
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.
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.
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.
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.
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.
Acquisitions & Divestitures , Water Management
Select Water Solutions Bolts On Haynesville, Rockies Assets for $90MM
Select Water Solutions Inc. added disposal and recycling capacity in the Haynesville Shale and the Rockies across three acquisitions in January.
Investment , Private Equity , Exploration & Production
Private Equity: Seeking ‘Scottie Pippen’ Plays, If Not Another Michael Jordan
The Permian’s Tier 1 acreage opportunities for startup E&Ps are dwindling. Investors are beginning to look elsewhere.
Exploration & Production , Acquisitions & Divestitures , Shale Plays
Prairie Operating Acquires More D-J Basin Assets for $94.5MM
Houston-based Prairie Operating Co. is scaling its D-J Basin footprint with a $94.5 million acquisition of Nickel Road Operating LLC.