Exclusives

Noble Energy, Clayton Williams Energy, merger acquisition, purchase, buy, Delaware Basin, Permian Basin, West Texas, Reeves County, Ward County, Wolfcamp, shale, fracking, horizontal drilling, Mike Kelly, Seaport Global, analyst, David Tameron, Wells Farg

Noble Upgrades Delaware Acreage With Clayton Williams Deal

Noble’s purchase of Clayton Williams will address inventory concerns with the addition of 2,400 locations in the Delaware core.

January 17, 2017
ExxonMobil, acquisition, Permian Basin, Bass family owned, Delaware Basin, oil, natural gas, merger

ExxonMobil Steps Up Shale Story With $6.6 Billion Delaware Deal

The acquisition is expected to add 3.4 Bboe, bringing ExxonMobil’s Permian resource base to 6 Bboe, the company said.

January 17, 2017

A Big Unknown: Will Laid-Off Workers Return To Energy?

Since 2014, more than 200,000 jobs have been lost in the industry. Many of those experienced employees have called it quits for good.

January 16, 2017
Anadarko Petroleum, deal, acquisition, divestiture, Sanchez Energy, Blackstone, Eagle Ford, shale

Anadarko Petroleum’s $2.3 Billion Deal With Sanchez Tilts Eagle Ford Balance

Sanchez and private-equity company Blackstone Energy will pay in equally for 155,000 net acres in the Eagle Ford while Anadarko looks to spend in the D-J and Permian basins.

January 13, 2017
Wattenberg, D-J Basin, Acquisition, Weld, Colorado, Synergy Resources

Synergy Heads Off Budget Busting With Wattenberg Acreage Sale

The company increased its available liquidity to about $200 million through the sale of 10,000 acres, about roughly 6% of its production.

January 12, 2017
WPX Energy, Delaware Basin, bolt on, acquisition, drilling inventory, Panther Energy, Carrier Energy Partners, Permian Basin, West Texas, Reeves County, Loving County, Winkler County, Ward County, RKI Exploration, Rick Muncrief, Credit Suisse, Oil and Gas

WPX Hooks $775 Million Bolt-On In Delaware Basin

The bolt-on will increase WPX’s Permian operations to more than 120,000 net acres and deepen its drilling inventory in the Delaware Basin. (Updated 2:37 p.m. CT Jan. 13)

January 12, 2017
SM Energy, divestiture, Bakken, Willistion, Permian, Eagle Ford, Texas

SM Energy Marketing Bakken Core As Focus Shifts To Texas

The company’s Divide County, N.D., assets could command more than $600 million, analysts said.

January 12, 2017
Stack play, Alta Mesa, Felix Energy, High Mesa, Bayou City, wells, Oswage

Alta Mesa Boosts Stack Production In Deal With JV Partner

The company’s net production will increase by 4,000 boe/d to 17,600 boe/d, a 30% increase.

January 11, 2017

Drones Take On Roles In Land Seismic Data Acquisition Operations

Technology has great potential to reduce HSE risks.

January 11, 2017
NRG, Hilcorp, JX Nippon, oil, EOR, carbon capture

Massive Carbon Capture, EOR Project Cranks Up In Texas

The captured CO2 is expected to grow oil production at a West Texas field by 5x its current amount over the next few years.

January 10, 2017
http://www.oilandgasinvestor.com/parsley-acquire-23000-net-midland-delaware-acres-1458226

Parsley To Acquire 23,000 Net Midland, Delaware Acres

The Austin, Texas-based company added acreage adjacent to its existing Permian operating areas through multiple, unrelated transactions worth about $650 million. (Updated: 2:10 p.m. CT Jan. 11)

January 10, 2017
Contango Oil, Delaware Basin, Permian, acquisition, bolt-on, well test

Contango Buys More Delaware, But Holsters Spending To See Results

The company’s conservative approach puts about 80% of its $46 million capex into newly acquired Delaware leasehold. Well tests expected in February will further shape the budget.

January 10, 2017

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