D–J Basin

Dusting Off the D-J: Bison Acquires 210,000 Net Acres in 20 Months

Since finding backing from Quantum Energy Partners, Bison Oil & Gas IV has built an 83% HBP position in the Denver-Julesburg Basin, including more than 400 net locations and an average 20,000 boe/d, says CEO Austin Akers.

August 23, 2024

Mike Wirth: The ‘Remarkable’ Rise Of Chevron’s Permian Portfolio

Chevron aims to grow Permian volumes past 1 MMboe/d in 2025—less than a decade after it averaged less than 100,000 boe/d from legacy holdings in West Texas and New Mexico, Chevron CEO Mike Wirth said.

August 20, 2024

Civitas: 4-mile Colorado Laterals A ‘Competitive Edge’ in D-J Basin

Civitas Resources poured billions of dollars into Permian M&A, but the company still sees room to run in its foundational portfolio in Colorado.

August 19, 2024

Granite Ridge Adds Interests in Midland, Delaware, Williston

Non-op Granite Ridge Resources closed transactions during and after the second quarter in multiple plays, including the Midland, Delaware, Williston, D-J and Appalachian basins.

August 9, 2024

Civitas’ 4-Mile D-J Basin Wells See ‘Quite Compelling’ Returns

Civitas Resources is all-in on the Permian after pumping nearly $7 billion into M&A in the basin last year. But Civitas is drilling longer wells on its legacy Colorado assets, too.

August 5, 2024

Rising Phoenix Expands Oil, Gas Portfolio with D-J Basin Deal

The Denver-Julesburg Basin deal, which closed July 31, marks Rising Pheonix Royalties’ first non-operated drilling acquisition.

August 1, 2024

New Wells Underway: Private E&Ps Pulled 40% of US Permits in May

Private E&Ps are keeping pace with public operators in taking permits for new-drill horizontals across the Lower 48, according to a research report.

July 17, 2024

M&A Values: Permian Still No. 1 as U.S. Average Falls Sharply

Gas-weighted assets’ M&A values have declined with gas futures since 2022, according to J.P. Morgan Securities analysis.

July 10, 2024

D-J’s Elevation Midstream, ARB Midstream Subsidiary to Merge

Elevation Midstream and Platte River Holdings, a subsidiary of ARB Midstream, are merging to create a D-J Basin midstream company of scale.

July 8, 2024

It’s All Relative: Family Oil Companies Attract Huge M&A Attention

What role do firms controlled by descendants of the original Permian Basin wildcatters play in a sector increasingly dominated by scale?

July 1, 2024