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Permian Resources Expands Delaware Basin Position with $608M APA Deal

Oil Gas Leads

enhancing its footprint in New Mexico’s northern Delaware Basin. The company is already in active trade talks with every relevant Delaware Basin operator , aiming to optimize both legacy and new assets. Permian Resources Corp. (PR) PR) has announced a $608 million bolt-on acquisition from APA Corp.

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Prairie Operating Co. secures strong cash flow with strategic hedging program ahead of market downturn

Oil & Gas 360º

bbl WTI and $4.28/MMBtu The hedges were executed following the closing of Prairies transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. bbl WTI and $4.28/MMBtu bbl WTI and $4.09/MMBtu (Oil & Gas 360) 85% of the remaining 2025 daily production locked in at $68.27/bbl

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Money Can Buy It - After Permian M&A Spree, E&Ps Throttle Growth While Integrateds Motor On

RBN Energy

The record $120 billion upstream M&A spending spree in 2024 focused on the consolidation of Permian Basin positions by the major U.S. publicly traded oil and gas companies.

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DJ Basin Update: Low-Cost Production, Rising Gas Ratios, and Strategic Shifts Amid Regulatory Pressure

Oil Gas Leads

The Denver-Julesburg (DJ) Basin continues to stand out as one of the most consolidated and cost-effective oil and gas plays in the U.S. Recent developments including record-setting drilling lengths, regulatory headwinds, and shifting capital strategies are reshaping how major and mid-sized players approach the basin in 2025.

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Permian Basin Well Permits Decline — AI Forecast Confirms Downward Trend

Oil Gas Leads

The Permian Basin, the beating heart of U.S. In early 2024, WTI crude prices averaged $77$80/bbl , whereas by Q2 2025, prices have softened to $60$70/bbl. shale oil production, is experiencing a notable contraction in drilling permit activity this spring.

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$608MM Deal: Is Permian Resources Quietly Becoming the Top Operator in the Delaware Basin?

Rextag

Permian Resources Corporation, a leading pure-play operator in the Delaware Basin, has reported strong first-quarter 2025 financial and operational results and announced a strategic bolt-on acquisition of APA Corporations Northern Delaware Basin assets for $608 million. bbl Natural gas: $1.35/Mcf Mcf NGLs: $23.90/bbl

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Upstream M&A sails to $17 billion in 1Q25

Enverus

Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. It is also the basin that keeps giving with operators consistently adding locations by testing new zones of the prolific basins stacked pay, said Dittmar.

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