Eagle Ford Shale operator Ensign Natural Resources has taken the operate by exception model a step further into the future, by developing what the company refers to as a dynamic routing operating model.
SilverBow had announced in April it had entered separate agreements to acquire certain assets from SandPoint Operating and substantially all of the assets of Sundance Energy for a combined $440 million including continent payments.
Here’s a snapshot of recent energy deals including the closing of PDC Energy’s $1.3 billion acquisition of private D-J Basin operator Great Western Petroleum plus the formation of a $1.1 billion renewable natural gas joint venture.
Here’s a quicklist of oil and gas assets on the market including Gulf of Mexico package consisting of ORRI in 266 wells offshore Louisiana plus BlackBriar Royalty Austin Chalk and Eagle Ford properties.
BlackBriar Royalty LP retained TenOaks Energy Advisors for the sale of mineral and overriding royalty interest properties located in the Austin Chalk and Eagle Ford Shale in Milam, Robertson and Burleson counties, Texas.
Navitas Petroleum Onshore LLC has retained PetroDivest Advisors for the sale of oil and gas producing properties and leasehold in a contiguous, legacy Woodbine field in Anderson and Cherokee counties, Texas.
Riverbend Energy Group has been working with an investment bank in recent weeks on an auction process for three portfolios of shale assets to seek in total around $2 billion, sources said.
Here’s a snapshot of recent energy deals including HighPeak Energy’s acquisition of Hannathon Permian properties for about $373.4 million plus Chevron’s agreement to acquire a stake in Talos Energy’s proposed Texas carbon capture plant.
Here’s a quicklist of oil and gas assets on the market including a Pin Oak Energy Partners operated Utica opportunity plus Vaquero Big Horn Basin operated properties in Wyoming.
Ranger Oil said it signed separate agreements to acquire three “bolt-on” oil producing properties in the Eagle Ford Shale contiguous to Ranger’s existing assets.