Gas output in the Permian Basin and the Haynesville in Texas, Louisiana and Arkansas will rise to record highs of 20 Bcf/d and 15.1 Bcf/d in June, respectively.
White Rock Oil & Gas retained PetroDivest Advisors for the sale of the Welch Unit waterflood properties in the northern Midland Basin of the Permian Basin in Dawson and Terry counties, Texas.
“This merger will allow both companies to benefit from the simplicity and scale of the combined entity going forward,” says Diamondback Energy CEO Travis Stice.
Grey Rock will contribute oil and gas assets in the Permian Basin, Bakken, Eagle Ford Shale, D-J Basin and Haynesville Shale plays to form Granite Ridge Resources.
EOG Resources Inc. retained RedOaks Energy Advisors for the sale of certain operated properties located in the Eagle Ford consisting of operated HBP leasehold with significant running room in Atascosa County, Texas.
Lincoln Energy Partners retained Meagher Energy Advisors for the sale of D-J Basin producing and undeveloped minerals in Colorado’s Weld, Adams and Arapahoe counties and Laramie County, Wyoming.
Kaiser-Francis Oil Co. retained EnergyNet for the sale of operated working interest in North Dakota wells plus leasehold acreage located in the Spyglass area in Divide County.
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.
ProFrac’s listing, which raised $288 million from the issue of 16 million new shares, comes in a rocky year for U.S. capital markets and underscores the challenges facing IPO-bound companies.
Eagle Oil & Gas Co. retained BOK Financial Securities for the sale of operated working interest in the Bryan Field Unit in Mississippi’s Jasper and Jones counties