Central Basin Platform

Permian Prowl: Exploratory Drilling, Permitting Up for Permian Barnett Wells

In the never-ending hunt for Permian drilling locations, a growing number of operators are testing wells in less-developed formations and the basin’s extensional fringes.

July 24, 2024

Hunt Oil Co. Markets DJ, Midcontinent-heavy Minerals Package

Hunt Oil Co., one of the nation’s oldest family-owned oil companies, is marketing minerals and royalties across several major basins.

June 4, 2024

Flurry of Deals from Canada to the Permian Basin Close Out 2023

Several Canadian E&Ps are adding scale and undrilled inventory in prolific resource plays in Alberta, while in the Permian Basin, Ring Energy finalized an acquisition in the Central Basin Platform.

December 21, 2023

Fury Road: Will $450MM Battalion M&A Fuel More Go-private Deals?

Delaware Basin E&P Battalion Oil is being acquired in a go-private transaction by a newly formed E&P Fury Resources. Could go-private sales become more common for small E&Ps with limited runway in the public markets?

December 21, 2023

Ring Energy Bolts-on Assets in Permian’s Central Basin Platform

Ring Energy said it would buy approximately 3,600 net acres in Ector County, Texas from Founders Oil & Gas IV LLC.

July 11, 2023

Anatomy of a Deal: Ring Energy’s Conventional Wisdom

The purchase of Stronghold Energy II allows Ring to keep its focus on mature, conventional assets in the Permian’s Northwest Shelf and Central Basin Platform.

June 15, 2023

Energy A&D Transactions from the Week of Sept. 21, 2022

Here’s a snapshot of recent energy deals including SilverBow Resources adding a new Webb County position in South Texas plus the acquisition of core Permian Basin acreage by U.S. Energy Development Corp. for more than $60 million.

September 21, 2022

Energy A&D Transactions from the Week of Sept. 14, 2022

Here’s a snapshot of recent energy deals including EQT’s monster $5.2 billion acquisition plus the acquisition of NorTex Midstream by Williams in a $423 million transaction.

September 14, 2022

Energy A&D Transactions from the Week of Sept. 7, 2022

Here’s a snapshot of recent energy deals including the sell of Aera Energy, one of California’s largest oil and gas producers, by Exxon Mobil and Shell plus the debut of Permian Resources Corp.

September 7, 2022

Ring Energy Completes $465 Million Acquisition of Stronghold

Ring Energy announced in July an agreement to acquire Stronghold Energy II Operating LLC and Stronghold Energy II Royalties LP for up to $465 million.

September 2, 2022