Rockies

Jack Vaughn-Led Peak Resources Files for Powder River Basin IPO

Peak Resources LP, a Powder River Basin E&P led by industry veteran Jack E. Vaughn, is positioning itself for an IPO, filings show.

September 16, 2024

Dorchester Inks Deals for Midland, Delaware and D-J Basin Interests

Dorchester Minerals agreed to buy Permian Basin interests in the Midland and Delaware basins for roughly $215 million, based on its Sept. 16 unit price.

September 16, 2024

Beth McDonald Appointed SM Energy COO

Beth McDonald joins SM Energy as its new executive vice president and COO, bringing with her about 20 years of experience as an executive at Pioneer Natural Resources.

September 9, 2024

Non-op Rising: NOG’s O’Grady, Dirlam See Momentum in Co-purchase M&A

Non-operated specialist Northern Oil & Gas is going after larger acquisitions by teaming up with adept operating partners like SM Energy and Vital Energy. It’s helping bridge a capital gap in the upstream sector, say NOG executives Nick O’Grady and Adam Dirlam.

September 5, 2024

Rising Phoenix Royalties Adds Permian Basin Mineral Interests

The acquisition of Permian Basin interests in Dawson County, Texas, follows a July deal by Rising Phoenix Royalties for a non-operated working interests in the Denver-Julesburg (D-J) Basin.

August 29, 2024

Why Buying Double Eagle Does (and Doesn’t) Make Sense for Ovintiv

Proceeds from an Ovintiv divestiture in the Uinta Basin could help fund a deal for Double Eagle’s Midland Basin assets, but analysts say the money could just as easily be used for debt reduction.

August 29, 2024

Building a Better Non-op? Control the Purse Strings, Executives Say

As they trail E&Ps in the public markets, some non-operated oil and gas companies are taking firmer control of drilling decisions as executives look to reinvent their business model.

August 27, 2024

Powder in the Hole: Devon May Fire up its PRB in Coming Years

Devon Energy is perfecting its spacing and completion recipe in Wyoming’s Powder River Basin  play to possibly unleash full-field development later this decade.

August 23, 2024

Dusting Off the D-J: Bison Acquires 210,000 Net Acres in 20 Months

Since finding backing from Quantum Energy Partners, Bison Oil & Gas IV has built an 83% HBP position in the Denver-Julesburg Basin, including more than 400 net locations and an average 20,000 boe/d, says CEO Austin Akers.

August 23, 2024

Mike Wirth: The ‘Remarkable’ Rise Of Chevron’s Permian Portfolio

Chevron aims to grow Permian volumes past 1 MMboe/d in 2025—less than a decade after it averaged less than 100,000 boe/d from legacy holdings in West Texas and New Mexico, Chevron CEO Mike Wirth said.

August 20, 2024