Kimbell’s all-stock acquisition, with privately-held Buckhorn Resources, includes mineral and royalty assets primarily located in the core of the Eagle Ford Shale in South Texas.
Wolfcamp wells and a U.S. Gulf of Mexico development test by Shell plus four Eagle Ford producers top this week’s drilling activity highlights from around the world.
Equinor entered the Eagle Ford asset at the height of the U.S. shale boom in 2010 through a 50/50 JV acquisition with Talisman Energy, now owned by Repsol.
Marathon Oil also unveiled a new Delaware Basin oil play with over 60,000 contiguous net acres in Ward and Winkler counties, Texas.
An affiliate of Arkoma Cos. retained EnergyNet for the sale a package of Haynesville Shale and Cotton Valley assets in Louisiana and East Texas through a sealed-bid offering closing Nov. 21.
Currently, Oilfield Water Logistics (OWL) owns and operates the largest commercial produced water gathering and transportation system in the Northern Delaware Basin.