Bakken

Private Equity , Shale Plays , Acquisitions & Divestitures

Warburg Pincus Places RimRock Oil & Gas for Sale: Sources

It is Warburg Pincus’ second attempt to sell RimRock Oil & Gas in just over a year, the sources told Reuters. A 2021 auction process failed to secure a buyer for the Bakken gas producer at the valuation that Warburg sought.

April 12, 2022

Lease Sales

Marketed: Black Bear Oil & Gas Bakken Shale, Three Forks Opportunity

Black Bear Oil & Gas LLC retained EnergyNet for the sale of producing Bakken Shale / Three Forks mineral and royalty interests in North Dakota’s McKenzie County.

April 8, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of April 6, 2022

Here’s a snapshot of recent energy deals including the closing of EnCap’s sale of EP Energy Utah assets to KKR-backed Crescent Energy for $690 million.

April 6, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of April 6, 2022)

Here’s a quicklist of oil and gas assets on the market including Stronghold Energy II Central Basin Platform divestiture plus the sale of Parallel Petroleum and its position primarily in the Central Basin Platform and Eastern Shelf areas of the Permian Basin.

April 6, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 30, 2022

Here’s a snapshot of recent energy deals including Targa’s $200 million bolt-on of Southcross and Project Canary’s recent acquisition, expanding the ESG leader’s services beyond oil and gas.

March 30, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of March 30, 2022)

Here’s a quicklist of oil and gas assets on the market including Bright Rock Energy Uinta Basin asset packages, a Finley Resources operated Barnett Shale opportunity plus Gulf Coast East Basin operations for sale

March 30, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 23, 2022

Here’s a snapshot of recent energy deals including Williams’ $950 million acquisition in the Haynesville Shale and a San Juan Basin transaction between Whiptail and DJR Energy.

March 23, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of March 23, 2022)

Here’s a quicklist of oil and gas assets on the market including GRP Energy Capital multibasin mineral and royalty package, Costa Energy Salt Flat Field legacy oil opportunity and a Rocky Creek Resources Eagle Ford asset.

March 23, 2022

Lease Sales

Marketed: Williston Basin Nonop Working Interest Assets

Ritter, Laber & Associates Inc. / Pilot Energy Group retained Eagle River Energy Advisors LLC for the sale of Williston Basin nonoperated working interests and associated acreage across North Dakota and Montana.

March 23, 2022

Public Capital , Unconventional , Shale Plays

Hess to Give ‘Strong Consideration’ to Fourth Bakken Rig

Hess also opted to pay roughly $325 million to remove Brent $105 call options and WTI $100 call options in a bid to profit off a steep rise in oil prices, CEO John Hess said at the Scotia Howard Weil Energy Conference.

March 23, 2022