On the Market Oil and Gas Quicklist (Week of June 8, 2022)
Here’s a quicklist of oil and gas assets on the market a Permian Basin Yates Field stake plus Cavallo Mineral Partners Appalachia interests.
Callon Petroleum Latest E&P to Fend Off Inflation by Boosting Capex
Morgan Stanley analysts said about 30% of the E&P companies they cover have increased capex to address inflationary pressures from service providers and raw materials.
Andros Launches Mineral Platform with $122 Million Acquisition
In its initial acquisition, Andros Minerals entered an agreement with an undisclosed private seller to acquire a portfolio located in the Eagle Ford Shale and Permian’s Midland and Delaware sub-basins.
Permian Output to Continue Growing Despite Supply Chain Constraints
While producers continue facing inflation and supply chain woes, the Permian Basin is on track to account for significant production growth.
Marketed: Permian Basin Yates Field Nonop Working Interest, HBP Leasehold
Cimarex Energy, an affiliate of Coterra Energy, retained EnergyNet for the sale of its holdings in the Yates Field Unit located in the Permian Basin in Pecos County, Texas.
Energy A&D Transactions from the Week of June 1, 2022
Here’s a snapshot of recent energy deals including series of transactions by Crestwood totaling roughly $1.2 billion that saw the company exiting its legacy Barnett Shale position.
On the Market Oil and Gas Quicklist (Week of June 1, 2022)
Here’s a quicklist of oil and gas assets on the market including Carr Resources Permian Basin Eastern Shelf operated working interest plus Navitas Petroleum Gulf Coast nonoperated properties.
Tall City Exploration’s ‘Simple’ Yet Technical Permian Basin Approach
Tall City Exploration CEO Mike Oestmann divulges the Permian producer’s recipe for success and why he believes the company has only “scratched the surface” so far in the southern Delaware Basin.
Crestwood Cores Up Delaware Basin Position Funded by Barnett Exit
Crestwood agreed on May 25 to acquire Sendero Midstream Partners in the Delaware Basin, “prudently financed” with cash proceeds from the sale of Crestwood’s legacy Barnett Shale position to EnLink Midstream.
Energy A&D Transactions from the Week of May 25, 2022
Here’s a snapshot of recent energy deals including the combination of Colgate Energy and Centennial Resource Development in a $7 billion “merger of equals” transaction plus Exxon Mobil’s exit from the Barnett.