Wing Resources LLC
About
Wing Resources is a Permian Basin focused mineral and royalty acquisition company. Wing's assets cover more than 200,000 gross and over 4,000 wells throughout the Midland Basin and Delaware Basin of West Texas and New Mexico.
Wing Resources was founded by Nick Varel in 2016 with backing from private-equity firm Natural Gas Partners LP.
Editor's note: Updated June 24, 2019.
Headquarters Address
2100 McKinney Ave, Suite 1540
Dallas, TX 75201
United States
Website
www.wingoilandgas.comMain Phone Number
Transactions
Coal Producer Buys Assets From Permian-Focused Wing Resources For $145 Million
Coal Producer Buys Assets From Permian-Focused Wing Resources For $145 Million
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News
A&D Minute: Energy Companies’ M&A Deals in Permian Basin
Also in this week's A&D Minute, FireBird Energy II nabbed over $500 million and Wing Resources secured $100 million to pursue deals in the Permian Basin.
NGP Backs Permian Mineral, Royalty Firm with $100MM Investment
NGP is financially backing Wing Resources on a seventh partnership aimed at acquiring oil and gas minerals and royalties in the Permian Basin.
Private Minerals Companies: Solid (Relatively) as the Rock
A brutal downcycle hurts all, but don’t mistake mineral portfolios with struggling E&Ps. The nature of their part of the business means less risk but greater stability in times like these.
Permian Minerals Firm Returns With $100 Million NGP Backing
Following its recent multimillion-dollar sale to coal producer Alliance Resource Partners, Wing Resources reemerges with its fourth partnership with NGP.
Coal Producer Buys Permian Minerals From Wing Resources For $145 Million
Alliance Resource Partners agreed to acquire assets from NGP-backed Wing Resources as the coal producer continues to grow its oil and gas minerals segment, particularly in the Permian Basin.
Forty Under 40: Nick Varel, Wing Resources
Nick Varel, who founded two highly successful companies before the age of 40 and currently leads Permian Basin-focused Wing Resources, is today’s Forty Under 40 honoree.