Operator Petroleum Spud-in 
Oil & Gas 360º
MARCH 24, 2025
(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.
Oil & Gas 360º
APRIL 10, 2025
Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. We remain on track to spud the well this quarter and are looking forward to unlocking the significant potential of the Damara Fold Belt.”
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Permian Basin Oil and Gas Magazine
APRIL 1, 2025
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
The Energy Law
MARCH 2, 2009
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.,
Oil Gas Leads
MAY 19, 2025
Ryan Lance, ConocoPhillips Operators are drilling fewer wells, but doing so with purposeon multi-well pads, with simul-frac designs and AI-enhanced execution. Vicki Hollub, Occidental Petroleum U.S. Operators have tens of thousands of drilling locations that remain profitable even with WTI at or below $40. Its a factory model.
Expert insights. Personalized for you.
130 
Let's personalize your content