midland basin – Oil & Gas 360

Diamondback Energy, Inc. announces Midland Basin acquisition

October 11, 2022

Oil and Gas 360 MIDLAND, Texas, Oct. 11, 2022 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire all leasehold interest and related assets of FireBird Energy LLC (“FireBird”) in exchange for 5.86 million shares of Diamondback common stock and $775 million of cash. The cash portion of this transaction is expected

Brigham Minerals, Inc. announces core Midland Basin acquisition

August 23, 2022

Oil and Gas 360 AUSTIN, Texas–August 22, 2022 (BUSINESS WIRE)– Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals,” “Brigham,” or the “Company”), today announced it has entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests in the Midland Basin from royalty funds managed by Avant Natural Resources, LLC and its affiliates for approximately $132.5 million in

NOG announces Midland Basin bolt-on acquisition

August 17, 2022

Oil and Gas 360 MINNEAPOLIS–(BUSINESS WIRE)– Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced that it has entered into an agreement to acquire properties in the Midland Basin. HIGHLIGHTS Bolt-on acquisition of high oil cut, core non-operated working interest properties in the Midland Basin for $110 million Average production >1,800 Boe per day (2-stream,

Concho Resources and Solaris Water Form JV in the Delaware Basin - Oil & Gas 360

H2O Midstream Acquires Sabalo Energy Assets, Closes 15-Year Agreement

August 21, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 H2O Midstream purchases produced water infrastructure from Sabalo Energy and executes a 15-year acreage dedication H2O Midstream LLC, a water infrastructure company based in Houston, has acquired produced water infrastructure from Sabalo Energy LLC, concurrent with the execution of a 15-year acreage dedication to provide produced water gathering, disposal and recycling

Occidental Announces -Andrew Gould Elected to Occidental Board of Directors Oil & Gas 360

Occidental Petroleum Profit Falls on Low Gas Prices, Derivative Contracts

July 31, 2019

From Reuters Occidental Petroleum Corp, which is battling activist investor Carl Icahn over its $38 billion purchase of Anadarko Petroleum, reported a 14% fall in core profit on Wednesday, as higher crude prices and volumes were offset by adjustments to derivatives contracts and lower natural gas prices. Core income fell to $729 million, or 97 cents per share, in the

Callon Callon Petroleum Company Announces Closing Of Southern Midland Basin Divestiture And Updates 2019 Guidance Oil & Gas 360

Callon Petroleum Closes $245 Million Southern Midland Basin Sale

June 13, 2019

Callon Petroleum Company Announces Closing Of Southern Midland Basin Divestiture And Updates 2019 Guidance

Whistler Pipeline Project Reaches FID

June 6, 2019

Multifaceted partnership will proceed with design and construction A partnership involving several midstream companies and private equity firms has reached a final investment decision for the Whistler pipeline project, expected to run 475 miles and transport approximately 2 billion cubic feet of natural gas per day (Bcf/d). The 42-inch pipeline will run from Waha, Texas to the Agua Dulce region

Concho Permian Basin acreage - Midstream JV in the Midland for Crude Oil Transportation - Oil & Gas 360

Concho, Frontier Midstream JV Targets a New Midland Basin Crude Oil Transportation Project

April 15, 2019

Beta Crude Connector is targeting initial crude flows in mid-2019 – backed by Energy Spectrum Capital Concho Resources Inc. (NYSE: CXO) and Frontier Midstream Solutions IV, LLC will create Beta Crude Connector, LLC, an entity that will build and provide crude oil gathering, transportation in the Northern Midland Basin. Concho and Frontier will each own a 50% equity interest in

Callon Petroleum Sells Non-Core Midland Basin Assets

April 8, 2019

Selling Ranger area in southern Midland Basin – includes 9,850 net Wolfcamp acres, 4,000 BOEPD production Callon Petroleum Company (stock ticker: CPE, $CPE) said it is selling non-core assets in the Midland Basin for initial cash proceeds of $260 million. The agreement also provides for potential incremental cash payments of up to $60 million based upon future commodity prices with upside participation starting at the $60/Bbl West

QEP Resources Sells its Haynesville/Cotton Valley Assets for $735 Million

November 19, 2018

QEP will become a Permian pure-play oil producer soon as Bakken, Haynesville deals close QEP Resources, Inc. (stock ticker: QEP) said its subsidiaries, QEP Energy Company, QEP Marketing Company, and QEP Oil & Gas Company, have entered into a definitive agreement to sell natural gas and oil producing properties, undeveloped acreage and associated gas gathering and treating systems in the Haynesville/Cotton

Wolf Midstream Launches Binding Open Season for New Midland Basin Crude Oil Pipeline

November 15, 2018

Wolf Midstream Launches Binding Open Season for New Midland Basin Crude Oil Pipeline

QEP Moves towards Pure-Play Midland

November 9, 2018

Denver-based QEP Resources Inc. (stock ticker: QEP) reported its Q3 Results Wednesday. Pure-play is right move for QEP’s size QEP is well on the course to being a pure-play Permian company, with the sale of its Bakken assets announced earlier this week. QEP Chairman, President and CEO Charles Stanley outlined some of the advantages to being a pure-play producer in

Premium Content