Permian Basin

Permian Basin Exclusives

Diamondback To Acquire Energen In $9.2 Billion All-Stock Deal

The transaction comes days after Diamondback Energy said it would add to its Northern Midland position with the roughly $1.25 billion cash-and-stock purchase of Ajax Resources.

carrizo_devon-deal

Carrizo now has 46,000 net acres in the Delaware Basin including 26,300 net acres in its Phantom area.

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Pipeline constraints are pushing the number of drilled but uncompleted wells higher in the Permian Basin.

Permian Basin Gross Acreage

CompanyNet Acreage
Occidental2,500,000
Apache1,700,000
Chevron1,500,000
Pioneer Natural Resources680,000
All Top Acreage Holders