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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). The high-quality operator footprint enhances production visibility and long-term value creation.

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Lakes Blue Energy Secures Funding for Wombat-5 Drilling

Rigzone

Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Lakes Blue Energy Secures Funding for Wombat-5 Drilling by Paul Anderson | Rigzone Staff | Thursday, June 19, 2025 | 2:34 AM EST The funding is subject to Lakes' reinstatement to trading on the Australian Securities Exchange.

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ReconAfrica provides drilling update on Prospect I

Oil & Gas 360º

(Oil & Gas 360) CALGARY, AB , April 10, 2025 /CNW/ – Reconnaissance Energy Africa Ltd. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. Prospect I is noted as location 63 in the NSAI report. (1)

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Elk Range Royalties follows Permian acquisition with 250,000 net acres from Oxy

Permian Basin Oil and Gas Magazine

Dallas-based Elk Range Royalties said recently it closed a deal to acquire 250,000 net royalty acres from affiliates of Occidental Petroleum for $905 million. These include assets being developed by Chevron and Civitas Resources, who collectively account for more than half of the wells spudded in 2024. Elk has deployed more than $1.2

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U.S. Shale’s Superpower Isn’t Geology — It’s Consistency

Oil Gas Leads

Vicki Hollub, Occidental Petroleum U.S. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. Shales Superpower Isnt Geology Its Consistency appeared first on Oil Gas Leads. Shale wells lose 3040% of their production in the first year.

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Elections to Participate in Proposed Operations are Non-Revocable

The Energy Law

The Court reached this holding based on the wording of the applicable JOAs, which were both based on the American Association of Petroleum Landmen Model Form Operating Agreement 610-1982. Smith”) was the operator of the Bloomberg oil and gas lease, whose operations were governed by two JOAs. Smith Production Inc.,