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Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Oil & Gas 360º

(World Oil) – Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). In February 2025, NGP and the Elk Range team established Elk Range Royalties III.

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ZIMBABWE: Invictus Energy Selects Musuma-1 High-impact Well Location Set to Spud in H2 2025

Oil News Africa

Musuma-1 has been confirmed as the … Read More The post ZIMBABWE: Invictus Energy Selects Musuma-1 High-impact Well Location Set to Spud in H2 2025 appeared first on oilnewsafrica.

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Elk Range Royalties acquires assets in Permian Basin, Eagle Ford

Permian Basin Oil and Gas Magazine

Concord Oil and Mission Oil. Collectively they own mineral and royalty interests across the Permian Basin in west Texas and Eagle Ford in south Texas. The companys announcement said, This strategic transaction expands Elk Ranges footprint across premier oil and gas producing regions in Texas.

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ExxonMobil Hits 1,000 Wells in the Delaware Basin

Oil Gas Leads

ExxonMobil has reached a major milestone: 1,000 horizontal wells drilled in the New Mexico portion of the Delaware Basin just seven years after the first spud in 2017. Oil & Gas Company Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.

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Permian Basin Rig Report

Oil Gas Leads

Detailed list of drilling rigs and Operators that spud wells in the Permian basin last 30 days. The post Permian Basin Rig Report appeared first on Oil Gas Leads. The report is updated weekly. Buy Now - Only $10 Primary Fields in the Report: Account Name The operator or company name (e.g., XTO Energy Inc.).

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Prairie Operating Co. announces 11-well development at Rusch Pad

Oil & Gas 360º

(Oil & Gas 360) –HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin.

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SM Energy Slows the Drill Bit in 2025: What the Data Tells Us About Permian Rig Reductions

Oil Gas Leads

In a strategic move aligned with shifting commodity price dynamics, SM Energy is proactively reducing its rig count in the Permian Basin through 2025. This reduction isnt reactionaryits part of a deliberate capital allocation strategy designed to protect margins and preserve flexibility in a potentially volatile oil market.

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