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Marketed: XTO Energy More Than 800 Well Uinta Basin Package

2019-12-12 14:30:12| OGI

XTO Energy retained EnergyNet for the sale of a Uinta Basin well package in Carbon, Duchesne, Summit and Uintah counties, Utah, through a sealed-bid offering closing Jan. 15.

Tags: energy package basin marketed

Gravity Acquires On Point, Creates Largest Saltwater Disposal Company In Midland Basin

2019-12-11 14:50:48| OGI

Gravity, a leading water and energy infrastructure company backed by affiliates of Clearlake Capital Group LP, said Dec. 10 it has completed the acquisition of On Point Oilfield Holdings LLC, creating the largest commercial produced water disposal company by injection volumes in the Midland Basin.

Tags: company point largest creates

Laredo Petroleum Tacks On Another Permian Basin Acquisition

2019-12-10 01:35:57| OGI

Similar to another acquisition made by Laredo Petroleum in the Permian Basin earlier this quarter, the bolt-on in Glasscock County, Texas, continues to shift the companys production mix toward oil.

Tags: acquisition petroleum basin laredo

Three-Way Midland Basin Combination Creates $1.5 Billion E&P

2019-12-06 22:38:49| OGI

The deal would create the largest pure-play northern Midland Basin E&P with a 73,000-net-acre position that is expected to produce 12,000 barrels of oil equivalent per day (boe/d) in 2020.

Tags: combination billion creates basin