Crescent Energy will acquire operated interests and working interests from Mesquite Energy while nearly doubling its inventory in the play.
E&Ps continue to look at the Permian Basin for undeveloped acreage, but deal activity in the Eagle Ford Shale surged in the first quarter as buyers searched for producing assets.
Canada’s Baytex Energy Corp. moved a step closer toward finalizing its purchase of Ranger Oil Corp. with the closing of its private offering of $800 million aggregate principal amount of senior unsecured notes.
The acquisition, Elk Range’s third in the Eagle Ford, brings the company’s total Eagle Ford net royalty acres to more than 2,700.
Here’s a snapshot of recent energy deals, including Matador Resources' $1.6 billion acquisition of Midland Basin E&P Advance Energy Partners and Kimbell Royalty Partners deal to bolt-on more Northern Midland Basin acreage.
Associated gas from oil wells in major basins, including the Permian Basin and the Eagle Ford, is on the rise.
Also in this week's A&D Minute, Tailwater E&P CEO Doug Prieto weighs in on Tailwater Capital's minerals and royalties strategy in key shale basins.
Here’s a snapshot of recent energy deals, including Liberty Energy's purchase of Siren Energy, a Permian-focused CNG provider, and a series of acquisitions by Tailwater Royalties in the Permian, Haynesville and Eagle Ford.
Doug Prieto, CEO of Tailwater E&P, told Hart Energy the firm was comfortable with the breakeven costs and well control within the Permian, Eagle Ford and Haynesville.
Here’s a quicklist of oil and gas assets on the market including mineral and royalty interests the Bakken/ Three Forks, East Texas non-operated working interests and a Maverick Natural Resources' package in the Permian Basin.