Freehold Royalties to Acquire Permian Basin Interests for $82MM
Freehold Royalties will acquire mineral and royalty interests from two private sellers in the Midland and Delaware basins, the company said.
ProPetro Acquires Permian Cementing Business Par Five Energy
Par Five Energy Services will be integrated within ProPetro Holding’s existing cementing team and operating team and brand.
Buy and Buy: Vital Energy's M&A Strategy for the Permian
Vital Energy’s rapid growth in the Permian Basin stems from CEO Jason Pigott’s strategy of acquiring smaller private producers—one after the other.
Marketed: Providence Energy Partners Non- operated WI in Delaware Basin
Providence Energy Partners II LP and Providence Energy Partners III LP has retained RedOaks Energy Advisors for the sale of a certain non-operated WI in the Delaware Basin.
Post-Earthstone Deal, Permian Resources Switches Up M&A Strategy
E&P Permian Resources will shift to smaller-scale deals to add value as opportunities to consolidate in the Midland and Delaware basins shrink.
ProPetro CEO: Next-gen Equipment Demand High Despite Market Headwinds
As the oilfield service market faces headwinds from consolidation and a dwindling rig count, ProPetro CEO Sam Sledge sees Permian Basin demand picking up for next-generation equipment.
NOG Enters Ohio Utica Shale, Adds Permian with $174MM in M&A
Non-op specialist Northern Oil & Gas is entering the Ohio Utica Shale and expanding its position in the northern Delaware Basin with approximately $174 million in M&A.
![The Permian’s next M&A Hotspot may be the Delaware Basin [Watch]](/sites/default/files/styles/featurable_list_image/public/image/2023/11/exclusive-ryan-duman.jpg?itok=QYcXM52s)
The Permian’s Next M&A Hotspot May be the Delaware [WATCH]
After nine months of Permian Basin M&A ranging from private buyouts to major mergers, Wood Mackenzie’s Ryan Duman discusses what’s next for dealmakers in the basin.
WoodMac: Top-tier Permian Inventory Scarce, ‘Extremely Expensive’
E&Ps large and small are scouring the Permian Basin to buy up top-quality drilling locations. But they’ll have to pay a hefty premium to get longer in America’s hottest oil play, according to WoodMac research.
EOG: Emerging Ohio Utica Combo Play Competes with Premium Portfolio
As EOG Resources explores premium onshore drilling opportunities, the company is seeing promising results from its South Texas Dorado plays and Ohio Utica results that compare with the Permian Basin.