Brigham Minerals’ Latest Permian Acquisition Ranks as Largest to Date

Transaction Type
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Estimated Price
$132.5MM
Description

To purchase about 3,900 net royalty acres in the Permian in the core of the Mineral Basin in Martin and Midland counties, TX; includes 253 gross wells spud over the last 12-months and 2023 estimated production totaling between 750 and 950 boe/d (60% oil). (Expected to close mid-October)