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Coal Producer Buys Permian Minerals From Wing Resources For $145 Million
Alliance Resource Partners agreed to acquire assets from NGP-backed Wing Resources as the coal producer continues to grow its oil and gas minerals segment, particularly in the Permian Basin.
E&P Momentum: The Two Sides Of Consolidation
As industry observers argue for regional consolidation, oil and gas’ history emphasizes the important role that independents play in sector evolution.
Texas Company Forms $165 Million JV To Develop Permian Wolfcamp
Ares-backed Development Capital Resources agreed to partner with an unnamed private operator to fund development of the Permian’s Wolfcamp Shale.
Permian Player Pioneer Natural Resources Talks Monetizing Assets
Selling midstream interest, water infrastructure and long-dated inventory are among the options for the Permian pure-play.
The Latest
Baker Hughes Enters Deal To Promote AI Solutions
Baker Hughes, a GE company and C3.ai on June 24 announced a joint venture (JV) agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry.
June 24, 2019
Coal Producer Buys Permian Minerals From Wing Resources For $145 Million
Alliance Resource Partners agreed to acquire assets from NGP-backed Wing Resources as the coal producer continues to grow its oil and gas minerals segment, particularly in the Permian Basin.
June 24, 2019
Marketed: Maverick Natural Resources Northern Louisiana Asset
Maverick Natural Resources retained EnergyNet for the sale of oil and gas assets in Northern Louisiana through an auction closing June 26.
June 24, 2019
Exxon Mobil Seeks Bids For Norwegian Offshore Assets
xxon Mobil Corp. is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a spokeswoman said.
Two years ago the U.S. major —the world's largest oil company—sold its operated assets in the area.
June 22, 2019
Marketed: D-J Basin, Oklahoma Panhandle Operated Assets Plus HBP Leasehold
Investment Equipment retained EnergyNet for the sale of operated oil and gas assets in Colorado and Oklahoma through multiple auctions closing June 26.
June 21, 2019
E&P Momentum: The Two Sides Of Consolidation
As industry observers argue for regional consolidation, oil and gas’ history emphasizes the important role that independents play in sector evolution.
June 21, 2019
Marketed: Operated Permian Basin Asset, Glasscock County, Texas
MGM Oil & Gas Co. retained Oil & Gas Asset Clearinghouse for the sale of an operated Permian Basin asset in West Texas thought an offering closing July 10.
June 21, 2019
Report: Planned Red Oak Pipeline Will Contribute To Crude Overbuild
Bernstein Midstream speculates that the additional pipeline projects will bring the 2021 WTI-Brent differentials to less than $4 a barrel, which is way below the current curve of $6.50.
June 21, 2019
Texas Company Forms $165 Million JV To Develop Permian Wolfcamp
Ares-backed Development Capital Resources agreed to partner with an unnamed private operator to fund development of the Permian’s Wolfcamp Shale.
June 20, 2019
Private Energy Capital: Famine Or Feast?
The plight of private equity in an exit-challenged market pivots on perspective. And focusing on the lack in the short term risks missing the abundance in the longer view.
June 20, 2019