Marathon Oil also unveiled a new Delaware Basin oil play with over 60,000 contiguous net acres in Ward and Winkler counties, Texas.
Today’s featured Forty Under 40 honoree is Nicholas Bilodeau, senior vice president of Intrepid Partners who helped facilitate its growth into one of the industry’s leading advisers.
Gravity’s acquisition of On Point will create the largest commercial produced water disposal company by injection volumes in the Midland Basin.
Hy-Tech Engineered Solutions announced on Oct. 15 the acquisition of Blaz-Man Gear and Gear Products & Manufacturing; both Chicago based companies specializing in the manufacture and distribution of custom gears and power transmission gear products.
Today’s featured Forty Under 40 honoree is Chris Bentley, founder of Bellatorum Resources—a veteran-owned and operated firm specializing in the acquisition of land and royalty interests.
Currently, Oilfield Water Logistics (OWL) owns and operates the largest commercial produced water gathering and transportation system in the Northern Delaware Basin.
Hungarian energy firm MOL is buying Chevron's stake in a giant oil field in Azerbaijan for $1.57 billion, as U.S. majors retreat to refocus on production at home.
Today’s featured Forty Under 40 honoree is John Argo, Continental Resources’ vice president of business development who has helped the Oklahoma City-based oil producer reduce its debt by more than $1 billion.
When it comes to putting a price on dormant mineral interests, the multiple of lease bonus method has its shortcomings. Consider a market valuation method instead.