Exxon Sits on Undeveloped Haynesville Assets as Peers Jockey for Inventory
Exxon Mobil still quietly holds hundreds of locations in the Haynesville Shale, where buyer interest is strong and inventory is scarce.
Analysts: Will E&Ps Redraw Plans as WTI Dips Below $60/bbl?
As WTI hovers near $60/bbl, U.S. E&Ps could be pushed to drop rigs and cut drilling in exploratory resource plays, analysts say.
Inside Prairie’s 11-Well Program in the D-J
Prairie Operating Co.’s 11-well program in the Denver-Julesburg Basin is drilling horizontal 2-milers with a Precision Drilling rig.
How Elk Range Took the Leap to Buy Oxy’s $905MM D-J Heirloom
Elk Range Royalties closed on a $905 million purchase of Occidental’s assets in the Denver-Julesburg Basin in March— a once-in-a-lifetime purchase, CEO Charlie Shufeldt told Hart Energy.
Sitio Fights for its Place Atop the M&R Sector
The minerals and royalties space is primed for massive growth and consolidation with Sitio aiming for the front of the pack.
Prairie Operating Closes $600MM D-J Acquisition from Bayswater
Prairie Operating Co. has closed on its $602.75 million acquisition of Denver-Julesburg Basin assets from Bayswater Exploration and Production.
In Colorado, the Regulatory Noose Tightens for E&Ps
More stringent rules on everything from drilling and orphan wells to emissions is raising the cost of fossil fuel production in the state.
Oxy, Looking to Cut Debt, Sells D-J Minerals to Elk for $905MM
Elk Range Royalties bought 250,000 net royalty acres in the Denver-Julesburg Basin for $905 million from Occidental Petroleum, which is looking to shed debt after last year's acquisition of CrownRock.
Summit Acquires Moonrise Midstream Assets to Alleviate D-J Constraints
A Summit Midstream Corp. (SMC) subsidiary will acquire Moonrise Midstream from Fundare Resources Co. in a cash-and-stock deal valued at $90 million.
Amplify Updates $142MM Juniper Deal, Divests in East Texas Haynesville
Amplify Energy Corp. is moving forward on a deal to buy Juniper Capital portfolio companies North Peak Oil & Gas Holdings LLC and Century Oil and Gas Holdings LLC in the Denver-Julesburg and Powder River basins for $275.7 million, including debt.