Basin, Crude Oil and Royalty - Energy Aggregated

Diamondback subsidiary Viper acquires Sitio Royalties in $4.1 billion deal

Permian Basin Oil and Gas Magazine

JUNE 6, 2025

Midland-based Viper Energy, subsidiary of Diamondback Energy, said Tuesday it agreed to acquire Sitio Royalties in an all-equity transaction valued at $4.1 Viper is now clearly a must-own public mineral and royalty company in North America with attractive size and scale in the Permian Basin.”

Royalty

Royalty Basin Crude Oil Oil

ConocoPhillips deal marks investment firm’s continued push into Texas’ Midland basin

Oil & Gas 360º

MAY 5, 2025

(World Oil) –Rising Phoenix Capital, an investment firm specializing in oil and gas mineral royalty acquisitions, have announced a strategic purchase of mineral interests in Ector and Midland Counties, TX, operated by ConocoPhillips.

Basin

Basin Royalty Management Sustainable

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

JUNE 3, 2025

(Oil & Gas 360) –MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. Pro forma Viper is now clearly a must-own public mineral and royalty company in North America, with attractive size and scale in the Permian Basin.

Royalty

Royalty Energy Energy Basin

Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

JUNE 23, 2025

(World Oil) – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May.

Gas

Gas Oil Natural Gas Maintenance Technician

Permian Resources acquires Delaware Basin assets from APA Corp.

Permian Basin Oil and Gas Magazine

MAY 13, 2025

Midland-based Permian Resources last week revised 2025 guidance after making a bolt-on acquisition in northern Delaware Basin. Permian Resources acquired 13,320 net acres and 8,700 net royalty acres from APA Corp. First quarter production was 174,967 barrels of crude oil per day and 373,200 boed. for $608 million.

Basin

Basin Royalty Crude Oil Operator

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

Rextag

MAY 15, 2025

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. million shares repurchased in April 2025 ($10.52

Basin

Basin Operator BBL Natural Gas

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

MAY 30, 2025

This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets, said Ezra Y. Yacob, Chairman and Chief Executive Officer of EOG. Wachtell, Lipton, Rosen & Katz is serving as EOGs lead legal advisor.

Exploration and Production

Exploration and Production Natural Gas Crude Oil Energy

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

MARCH 10, 2025

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times net debt/funds flow, which is expected to continue to further strengthen to 0.8

Energy

Energy Energy Exploration and Production Natural Gas

Valor | Energy Connection – Feb. 24, 2025

Valor

FEBRUARY 24, 2025

crude output to grow from 13.2 Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%.

Energy

Energy Energy Barrel Abandonment

Nigeria Oil Industry Overview

Drillers

MARCH 24, 2020

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. How did this happen?

Oil

Oil Royalty Exploration and Production Government

Legislative Update: New Mexico Legislature Adjourns; Texas Set to Pick Up the Pace

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

House Bill 137 , tracked by the Permian Basin Petroleum Association (PBPA) as detailed below, establishes the Strategic Water Supply Program. percent severance tax on crude oil, effectively increasing the rate by nearly 27 percent, Robertson detailed. 548reducing the crude oil severance tax rate to 3.43

Royalty

Royalty Basin Abandonment Finance

Valor | Energy Connection – Feb. 3, 2025

Valor

FEBRUARY 3, 2025

Read more US oil refiners look to Latin America, Iraq after Trump tariffs Summary : Following the imposition of tariffs on Canadian and Mexican crude oil imports by President Donald Trump, U.S. refiners are seeking alternative heavy crude sources from Latin America and the Middle East. oil regions.

Energy

Energy Energy Royalty Basin

Valor | Energy Connection – Mar. 31, 2025

Valor

MARCH 31, 2025

Read more Oil and gas execs reveal where they expect WTI oil price to be in the future Summary : The first-quarter 2025 Dallas Fed Energy Survey found that executives from 124 oil and gas firms expect WTI crude oil prices to average $68 per barrel in six months, $70 in a year, $74 in two years, and $82 in five years.

Energy

Energy Energy Barrel Oil

Energy Aggregated

Diamondback subsidiary Viper acquires Sitio Royalties in $4.1 billion deal

ConocoPhillips deal marks investment firm’s continued push into Texas’ Midland basin

Trending Sources

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Texas oil and gas jobs increased in May despite market turmoil, new report says

Permian Resources acquires Delaware Basin assets from APA Corp.

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

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Valor | Energy Connection – Feb. 24, 2025

Nigeria Oil Industry Overview

Legislative Update: New Mexico Legislature Adjourns; Texas Set to Pick Up the Pace

Valor | Energy Connection – Feb. 3, 2025

Valor | Energy Connection – Mar. 31, 2025

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