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.

October 15, 2019

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.

October 15, 2019

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.

October 15, 2019

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

October 15, 2019

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.

October 15, 2019

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.

October 14, 2019

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.

October 14, 2019

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.

October 14, 2019

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.

October 14, 2019

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.

October 14, 2019