Marketed: Nonop Wellbore WI Opportunity in Williston Basin
A private seller retained Eagle River Energy Advisors LLC for the sale of certain wellbore only, nonoperated working interests spread across four core counties in the heart of the Williston Basin in North Dakota.
On the Market Oil and Gas Quicklist (Week of May 4, 2022)
Here’s a quicklist of oil and gas assets on the market including a Pin Oak Energy Partners operated Utica opportunity plus Vaquero Big Horn Basin operated properties in Wyoming.
Marketed: REI Energy Bakken Shale, Three Forks Nonop Well Package
REI Energy Drilling & Income Fund I LP retained EnergyNet for the sale of a Bakken Shale / Three Forks well package in North Dakota’s Dunn, McKenzie and Mountrail counties.
Bad Weather Cuts North Dakota Oil Production by 80%
The unusual cold blocked roads with snow, caused heavy ice accumulation and resulted in power outages, said Katie Haarsager, spokesperson for the North Dakota Oil and Gas Division, on April 27.
Post-pandemic Pushback: Permits Rally a Prelude to Pop in Oil and Gas Production
The recent surge in WTI appears to be relinking price and permitting for oil and gas producers.
Upstream M&A’s Promising Start Blunted by Ukraine War, Wild Prices
The first quarter saw announced transaction values of about $14 billion marking the strongest start in the E&P sector in five years, Enverus said
On the Market Oil and Gas Quicklist (Week of April 13, 2022)
Here’s a quicklist of oil and gas assets on the market including Winright Resources western Anadarko Basin properties in the Texas Panhandle plus a Black Bear Oil & Gas Bakken Shale / Three Forks opportunity.
Warburg Pincus Places RimRock Oil & Gas for Sale: Sources
It is Warburg Pincus’ second attempt to sell RimRock Oil & Gas in just over a year, the sources told Reuters. A 2021 auction process failed to secure a buyer for the Bakken gas producer at the valuation that Warburg sought.
Marketed: Black Bear Oil & Gas Bakken Shale, Three Forks Opportunity
Black Bear Oil & Gas LLC retained EnergyNet for the sale of producing Bakken Shale / Three Forks mineral and royalty interests in North Dakota’s McKenzie County.
Energy A&D Transactions from the Week of April 6, 2022
Here’s a snapshot of recent energy deals including the closing of EnCap’s sale of EP Energy Utah assets to KKR-backed Crescent Energy for $690 million.