A&D Minute: Big Deals in the Permian and Eagle Ford [WATCH]
In this week's A&D Minute, Kimbell Royalty Partners makes its largest deal in company history, Diamondback Energy sells an ownership interest in Midland Basin crude oil gathering assets for $225 million and Magnolia Oil & Gas bolts on assets in the Giddings field.
Earthstone Shops Eagle Ford Assets as E&P Eyes South Texas Exit
Earthstone Energy is marketing PDP and undeveloped locations in the Eagle Ford as the E&P streamlines its focus on the Permian Basin.
Marketed: Elk River-owned Delaware Basin Opportunity in Texas
Elk River Resources LLC has retained Detring Energy Advisors for the sale of a Delaware Basin opportunity.
Kimbell Royalty Partners’ Largest Deal Yet Targets Permian, Midcontinent
Kimbell Royalty Partners acquisition adds acreage in the Delaware and Midland basins, which remains the company’s leading basin for production, active rig count, DUCs, permits and undrilled inventory.
Matador Resources Expanding Delaware Basin Midstream Capacity
Matador Resources plans to boost its natural gas processing capacity in the Permian Basin to serve third-party demand and the E&P’s own development plans.
A&D Minute: Companies Shore Up Assets, Streamline Operations [WATCH]
In this week's A&D Minute, companies merge, shore up their balance sheet and shift away from fossil fuels.
Callon Wraps Up Delaware Bolt-on, Eagle Ford Exit
Callon Petroleum is shoring up its Permian position with its simultaneous acquisition of Delaware Basin assets from Percussion Petroleum and divesture of its Eagle Ford assets from Ridgemar Energy.
NOG Closes Acquisition of Forge’s Delaware Basin Assets
Northern Oil and Gas closed its part of a three-way deal with Vital Energy to buy Forge Energy II Delaware LLC’s assets for $167.9 million in cash.
Civitas Enters Permian in $4.7B in Deals for Tap Rock, Hibernia
Civitas Resources expands from the Denver-Julesburg in two deals to buy NGP’s Tap Rock, Hibernia in cash and stock deals valued at $4.7 billion.
Earthstone Buys EnCap-Backed Delaware E&P in $1B Deal
Earthstone Energy is growing its position in the northern Delaware Basin with a deal to acquire EnCap-backed E&P Novo Oil & Gas — with Northern Oil & Gas also buying a third of Novo's working interests for an additional $500 million.