As majors prune their portfolios to sell non-core assets, M&A activity is heating up on the Permian’s Central Basin Platform and Northwest Shelf—and Ring Energy hopes to be a buyer.
Leslie Armentrout, the president and co-founder of Silver Cross Energy Partners discusses the opportunities of the Central Basin Platform and Utica—and the challenges.
Enterprise Products Partners acquisition of Piñon Midstream expands Enterprise’s New Mexico Delaware Basin footprint with sour-gas processing.
Alliance Resource Partners reported purchasing about $10.5 million of mineral assets in the third quarter.
Natural gas volatility remains—typically with prices down, and then down further—but demand is developing rapidly for an expanded energy market, East Daley Analytics says.
Four main pipelines send Permian and Eagle Ford gas to the Mexico border.
Continued U.S. piped-gas exports to Mexico bode well for Eagle Ford and Permian producers.
Despite a smaller IPO market and a fiscal discipline mandate, many small players continue to find and make deals in the U.S. oil patch, panelists said during Hart Energy’s A&D Conference in Dallas, Texas.
Adding new-well inventory going forward will require “exploration or other creative measures,” said Nick O’Grady, whose Northern Oil and Gas holds interests in 10,000 Lower 48 wells.
Northern Oil and Gas CEO Nick O’Grady said the Uinta Basin has stayed off the radar but a time may come when Utah’s best kept secret starts to heat up in the M&A market.