The Latest

Public Capital

Northern Oil & Gas Boosts Permian Position with $102 Million Acquisitions

The acquisition of nonoperated interests across core Permian Basin acreage represents the “trifecta” for Northern Oil and Gas, says COO Adam Dirlam.

June 16, 2021

Acquisitions & Divestitures

Energy A&D Transactions from the Week of June 16, 2021

Here’s a snapshot of recent energy deals including Occidental Petroleum’s $508 million asset sale in the Permian Basin plus an Eagle Ford deal by Earthstone Energy.

June 16, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 16, 2021)

Here’s a quicklist of oil and gas assets on the market including a Midland Basin royalty position plus a Grenadier Energy Wolfcamp Shale Permian Basin package and an IOG Oklahoma STACK nonoperated opportunity.

June 16, 2021

Business

Enverus Acquires Largest Provider of Title Plant Access in Texas, New Mexico

Enverus’ acquisition of Integrity Title comes roughly a week after the company closed on a recent investment made through the sale of majority ownership to Hellman & Friedman.

June 16, 2021

Lease Sales

Marketed: IOG Oklahoma STACK Nonoperated Properties

IOG Capital LP retained RedOaks Energy Advisors for the sale of nonoperated working interest properties in the STACK play of Oklahoma in Major, Dewey, Blaine, Woodward and Custer counties.

June 16, 2021

Exploration & Production

Federal Judge Halts Biden’s Pause on Oil and Gas Leasing

The Interior Department said it would comply with the ruling by a federal judge in Louisiana, but did not say when oil and gas leasing on public lands might resume.

June 16, 2021

Public Capital

Shell’s Potential Permian Basin Exit Seen as Bellwether for Shale Demand

The potential sale of Shell’s Permian holdings, located in Texas, would be a litmus test of whether rivals are willing to bet on shale’s profitability through the energy transition to reduce carbon emissions.

June 16, 2021

People

Energy Dealmaker Eddy Daniels Joins McGuireWoods’ M&A Practice

Edmund “Eddy” Daniels joins McGuireWoods’ Houston office from Haynes and Boone with significant experience in senior leadership roles at major energy companies and financial firms.

June 15, 2021

Lease Sales

Marketed: Pivotal Petroleum Midland Basin Well Package

Pivotal Midland Basin LP retained EnergyNet for the sale of a Permian well package in Midland County, Texas, operated by affiliates of Callon Petroleum and Diamondback Energy.

June 15, 2021

Technology

Proserv Continues Expansion with Middle Eastern Acquisition

The acquisition of the Middle Eastern business of U.K.-based industrial equipment supplier Dron & Dickson widens Proserv’s service offering in the region, where it recently opened a state-of-the-art new facility in Abu Dhabi.

June 15, 2021