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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. “There really is a lot more beyond just those zones… really good targets,” — Will Hickey, Co-CEO M&A and Trade-Driven Optimization PR sees immediate value in the 4,500 non-op acres acquired, planning to trade into operated interests or form new units.

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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 MMBtu Henry Hub HOUSTON, TX, April 10, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. 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

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Western Canada Heavy Oil Outlook 2025: Momentum Returns with TMX Tailwinds

Oil Gas Leads

After years of volatility and infrastructure constraints, a new wave of investment and activity is materializing—driven by strong operator sentiment, a rebound in permitting, and a long-awaited breakthrough in market access: the Trans Mountain Expansion (TMX) pipeline. Optimization + brownfield growth CNRL 810–835K ~2.8

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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

Basin 52
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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. While it lacks the scale of the Permian or Eagle Ford, the DJ offers operators attractive breakeven costs, strong midstream infrastructure, and a strategic position for gas-weighted growth.

Basin 52
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Permian Basin Drives 80% of U.S. Tight Oil Boom Since 2010

Oil Gas Leads

Over the past 15 years, the Permian Basin has transformed the landscape of U.S. 2020: Both Permian and non-Permian output dropped sharply due to WTI < $50/bbl and COVID-19. crude oil production. Onshore Oil Production Trends (20102024) Metric 2010 2024 % Change Total Onshore L48 Production 3.4 million b/d 2.1 million b/d 8.9

Basin 52
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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. Top 5 Operators by Well Permits in the Permian Oil Prices and Market Pressure Oil market fundamentals have shifted. In early 2024, WTI crude prices averaged $77$80/bbl , whereas by Q2 2025, prices have softened to $60$70/bbl.

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