Also in this week’s A&D Minute: SilverBow Resources agreed to an Eagle Ford Shale bolt-on following its adoption of a poison pill and Northern Oil and Gas remains Piper Sandler’s “favorite idea in SMID E&P.” Find out why.
Here’s a snapshot of recent energy deals including a $87 million bolt-on acquisition in the Eagle Ford’s Karnes Trough by SilverBow Resources and Northern Oil and Gas $157.7 million bolt-on in the Permian Basin.
Here’s a quicklist of oil and gas assets on the market including Chevron Permian Basin acreage valued at up to $500 million plus Forge Interests core Delaware Basin ORRI.
The Western Midstream deal marks the third such agreement between Occidental and a midstream counterparty while also expanding Oxy’s carbon capture opportunity set into new shale basins, analysts with Tudor, Pickering, Holt & Co. noted.
Northern Oil and Gas (NOG) agreed to acquire certain nonoperated working interests in the core of the Delaware Basin from Alpha Energy Partners.
Chevron is also expected to offer its northwest Gomez Field in addition to the southeast Gomez Field, which would double the size of the offering in the Delaware Basin, financial adviser EnergyNet said.
Forge Interests LP retained Detring Energy Advisors for the sale of its oil and gas overriding royalty interests (ORRI) located in the active core of the southern Delaware Basin.
Here’s a snapshot of recent energy deals including Talos Energy’s $1.1 billion acquisition of private Gulf of Mexico operator, EnVen Energy, plus the $565 million sale of half of Kinder Morgan’s stake in a Georgia LNG facility.
Here’s a quicklist of oil and gas assets on the market including a Continental Resources North STACK 200-well package in Oklahoma plus Texegy Royalty Austin Chalk minerals for lease in Louisiana.
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.