The Latest
Lease Sales
Marketed: Oklahoma Nonop Multiwell PDP Package
Oil & Gas Asset Clearinghouse is partnering with a private seller to market a wellbore only package in Oklahoma in McClain and Garvin counties with bids due Oct. 31.
Exploration & Production
Brazil Approves More Bidders For Upcoming Presalt Oil Auction Round
Norwegian Equinor ASA, Brazilian Enauta Participacoes SA, Compania Espanola de Petroleos S.A.U. and Petroleos de Portugal Petrogal SA, controlled by Galp Energia SGPS SA, are joining the bidders.
Lease Sales
Marketed: Chevron Midland Basin Jo-Mill, Spraberry Fields
Chevron retained EnergyNet for the sale of an operated position in the Jo-Mill and Spraberry fields within the Permian's Midland Basin through a sealed-bid offering closing Nov. 7.
Lease Sales
Marketed: Copper Trail D-J Basin Mineral, Royalty Portfolio
Copper Trail Energy Fund I retained TenOaks Energy Advisors for the sale of certain mineral and royalty properties in the Denver-Julesburg (D-J) Basin
Lease Sales
Marketed: Merit Energy-Operated Wyoming Well Package
Merit Management Partners I retained EnergyNet for the sale of nonop Wyoming package located in Hot Springs County through a sealed-bid offering closing Oct. 23.
Public Capital
Whiting Petroleum In Deal Talks With Abraxas Petroleum: Sources
Whiting Petroleum, an oil and gas producer with operations in North Dakota and Colorado, is in deal talks with San Antonio-based Abraxas Petroleum, two people familiar with the matter told Reuters.
Lease Sales
Marketed: Core Delaware Basin Nonop Asset, Ward County, Texas
Rio Oil and Gas II retained Detring Energy Advisors for the sale of a core Delaware Basin asset in Ward County, Texas, operated by Chevron in an offering closing Nov. 20.
Public Capital
Parsley To Acquire Jagged Peak In $2.3 Billion All-Stock Transaction
The acquisition of Jagged Peak will more than double Parsley Energy’s position in the Delaware Basin, where the companies expect to generate G&A savings of about $25 million within the first year.
Exploration & Production
Energean Oil To Sell Edison E&P’s North Sea Assets
Energean, which is focused in the Mediterranean, will sell Edison E&P’s U.K. and Norwegian units for $250 million, with additional cash contingent consideration of up to $30 million.
Lease Sales
Marketed: Permian Basin Asset, Lea County, New Mexico
EverQuest Energy retained EnergyNet for the sale of a Permian Basin asset located in Lea County, N.M., through an auction closing Oct. 16.