The closing settlement was $158 million.
Big production increases are also expected in other major plays, including Eagle Ford, Bakken, Appalachia and Haynesville, the agency said.
Crystal Energy retained TenOaks Energy Advisors for the sale of certain nonoperated properties located in the Willison Basin.
"Today’s announcement is just the first step of our integration into a stronger, more robust and ESG-focused service provider,” Courtney Brackin said of the company created from the merger between OMNI Environmental Solutions and Purity Oilfield Services.
Here’s a snapshot of recent energy deals including Devon Energy’s $1.8 billion cash acquisition of Eagle Ford Shale operator Validus Energy and a $555 million Permian Basin deal by Apache.
Here’s a quicklist of oil and gas assets on the market including a Stout Energy operated sale package in the Permian Basin in Winkler and Andrews counties, Texas, plus core Haynesville overriding royalty interest.
Watch as Mercator Energy founder and president John Harpole discusses the role that natural gas plays in the U.S. and global energy value chain.
Here’s a snapshot of recent energy deals including Diversified Energy’s acquisition of ConocoPhillips Midcon assets for $240 million and the sale of Baker Hughes’ Russian oilfield services business.
Here’s a quicklist of oil and gas assets on the market including a Sabine Oil and Gas Upton County, Texas property package plus a KONA Oil & Gas nonoperated multibasin opportunity concentrated in top resource plays throughout the Lower 48.
Liberty Energy chairman and CEO Chris Wright gives a special address on the state of supply and demand in the U.S. and global markets, in addition to other pressing topics.