Casing, E&P and Spud-in - Energy Aggregated

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Casing

E&P

Spud-in

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

Oil & Gas 360º

MARCH 24, 2025

The newly acquired assets are actively being developed by leading operators, including Chevron and Civitas, who collectively account for more than half the wells spud in 2024. Wells Fargo and CIBC Capital Markets served as financial advisors and White & Case LLP served as legal counsel to Occidental.

Royalty

Royalty Basin Spud-in Operator

Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

JUNE 21, 2022

Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. Although Louisiana is allocating significant funds to P&A orphan wells, there is a lack of financial incentive for operators to address AOOG wells. million vehicles per year.

Temporarily Abandoned

Temporarily Abandoned Abandonment Operator E&P

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

Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

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