Elk Range Royalties LP
About
Elk Range is led by Charlie Shufeldt (CEO), Clinton Koerth (vice president of land and business development), Ashleigh Bell (director of finance and accounting) and Jeff Stewart (vice president of engineering). Elk Range manages a portfolio consisting of more than 300,000 net royalty acres with an interest in over 23,500 producing wells across the Permian, Eagle Ford, Appalachia, Anadarko, Haynesville, Mid-Continent and D-J basins under the Elk Range Royalties, 89 Energy II Minerals, Land Run Minerals, Newton Financial Corp., Concord Oil Co. and Mission Oil Co. platforms. Since 2020, Elk Range has partnered with NGP Energy Capital Management, an investment firm with an over 30-year history of investing in the oil and gas industry.
Editor's note: Updated March 24, 2025.
Headquarters Address
2110 Farrington St.
Dallas, TX 75207
United States
Website
www.elkrange.comMain Phone Number
Transactions
NGP’s Elk Range Royalty Acquires Core Permian Basin Position
NGP’s Elk Range Royalty Acquires Core Permian Basin Position
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News
Follow the Rigs: Minerals M&A Could Top $11B in ’25—Trauber
Minerals dealmaking could surpass $11 billion in 2025, fueled by deals in the Permian and in natural gas shale plays, says M&A expert Stephen Trauber.
How Elk Range Took the Leap to Buy Oxy’s $905MM D-J Heirloom
Elk Range Royalties closed on a $905 million purchase of Occidental’s assets in the Denver-Julesburg Basin in March— a once-in-a-lifetime purchase, CEO Charlie Shufeldt told Hart Energy.
Oxy, Looking to Cut Debt, Sells D-J Minerals to Elk for $905MM
Elk Range Royalties bought 250,000 net royalty acres in the Denver-Julesburg Basin for $905 million from Occidental Petroleum, which is looking to shed debt after last year's acquisition of CrownRock.
Elk Range Acquires Permian, Eagle Ford Minerals and Royalties
Elk Range Royalties is purchasing the mineral and royalty interests of Newton Financial Corp., Concord Oil Co. and Mission Oil Co.
For Sale: Grandma’s Minerals
A younger generation more open to selling subsurface rights has increased supply for the minerals and royalties market, and Mesa Minerals III is buying up interests in the Permian and Haynesville.
Elk Range Royalties Makes Entry in Appalachia with Three-state Deal
NGP-backed Elk Range Royalties signed its first deal for mineral and royalty interests in Appalachia, including locations in Pennsylvania, Ohio and West Virginia.
A&D Minute: Expansions, Investments and Acquisitions Aplenty [WATCH]
In this week's A&D Minute, Suncor expands in the Canadian oil sands with a $4 billion TotalEnergies deal, U.S. Energy invests $225 million in the Midland Basin and Elk Range closes on its third Eagle Ford acquisition.
Elk Range Closes Acquisition of Tower Rock’s Permian Royalty Interests
Elk Range Royalties acquired approximately 2,300 net royalty acres in the Permian Basin from Tower Rock Oil and Gas.
NGP’s Elk Range Royalties Acquires Core Permian Basin Position
Elk Range Royalties recently said it acquired certain Permian Basin royalty interests from an undisclosed seller evenly split between the Delaware and Midland basins.