Petro-Hunt Acquires Delaware Basin Assets from Admiral Permian Resources
Petro-Hunt completed the acquisition of predominantly operated oil and gas production and 21,430 net acres of leasehold in the Delaware Basin from Admiral Permian Resources, according to a recent company release.
Marketed: Ridge Runner Resources Northern Delaware Nonop Opportunity
Ridge Runner Resources LLC retained Detring Energy Advisors for the sale of a joint venture nonoperated partnership with Matador Resources, a premier Delaware-focused operator in the Permian Basin.
Pioneer, ConocoPhillips, Chesapeake Execs Eye Single-digit Growth in US Shale
“We’re not going to chase growth like we all did over the last 10 years. We’re going to limit our growth to 5% long-term,” Pioneer Natural Resources CEO Scott Sheffield said during a CERAWeek panel focused on U.S. shale.
On the Market Oil and Gas Quicklist (Week of March 9, 2022)
Here’s a quicklist of oil and gas assets on the market including the sale of AVAD Energy Partners and Vendera Resources operated Permian Basin properties in Crockett County, Texas.
Dallas-based IOG Resources Closes Delaware Basin Acquisition
The Delaware Basin assets consist of nonoperated wellbores under top-tier operators including Devon Energy, ConocoPhillips and Marathon Oil, IOG Resources says.
Energy A&D Transactions from the Week of March 2, 2022
Here’s a snapshot of recent energy deals including a $1.3 billion acquisition in the D-J Basin by PDC Energy and Chevron’s $3 billion clean energy bet.
On the Market Oil and Gas Quicklist (Week of March 2, 2022)
Here’s a quicklist of oil and gas assets on the market including the sale of three Camino Natural Resources packages in the Midcontinent region located in Central Oklahoma, the Anadarko Basin and the Mississippi Lime play.
Devon Energy to Integrate Renewable Energy into Permian Basin Operations
Devon Energy entered a development agreement with Omnia Midstream Partners to integrate renewable energy into the operations of its Stateline Field located in the Delaware Basin in the Permian.
APA Discloses $805 Million Mineral Sale in Delaware Basin
“You should anticipate continued noncore Permian asset sales,” said John J. Christmann IV, APA’s CEO and president, on a call with analysts on Feb. 22.
Diamondback Energy Sees Permian Basin at 350 to 400 Rigs by Year-end
"Anything that requires boots or tires in the Permian Basin is going to continue to be tight," CEO Travis Stice told investors on the company's fourth-quarter earnings call.