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Rising Phoenix Capital expands Midland basin footing with strategic acquisition

Oil & Gas 360º

(World Oil) – Rising Phoenix Capital, an investment firm specializing in oil and gas mineral royalty acquisitions, today announced a new strategic acquisition in the Midland basin. Our focus remains on acquiring top-tier mineral assets in core basins, leased to highly capable operators.

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Viper’s Royalty Model: Worth a Look

Permian Basin Oil and Gas Magazine

Viper SWOT Viper Energy delivers strong operational results, with Q1 2025 oil production of 31,311 barrels per day and industry-leading gross profit margins of 92.92 Its royalty-focused, asset-light model stands out versus traditional E&Ps like Diamondback, offering high efficiency and lower risk.

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Chevron sells 70% stake in Haynesville shale assets to Tokyo Gas for $525 million

Oil & Gas 360º

Chevron will retain a 30% non-operated working interest in a joint venture with TGNR and an overriding royalty interest in the assets. Tokyo Gas and CCI own an approximate 93% and 7% interest in TGNR, respectively. The transaction is anticipated to generate over $1.2

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

Oil & Gas 360º

existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8% per share based on the closing price of Viper common stock on June 2, 2025. billion which equates to less than 1.0x

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Who Owns the Void? Oral Arguments at SCOTX Regarding Underground Storage Rights

Producer's Edge

This case presents two critical questions: Who owns subsurface caverns created by salt mining operations, and How should in-kind royalties be calculated for salt production? Anadarko E&P Onshore, LLC , 520 S.W.3d ” The Fifth Circuit, applying Texas law in  Dunn-McCampbell Royalty Interest, Inc.

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Who Owns the Empty Space? Texas Supreme Court Affirms Surface Ownership of Salt Caverns in Landmark Ruling

Producer's Edge

May 16, 2025), the Texas Supreme Court resolved two significant issues affecting mineral owners and surface owners: (1) who owns the empty caverns created by salt mining operations, and (2) how to calculate royalty payments on produced salt. Anadarko E&P Onshore, LLC, 520 S.W.3d Anadarko E&P Onshore, LLC, 520 S.W.3d

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