Items Tagged with 'acres'

ARTICLES

Oxy Mum on Williston Sale Rumors, Cites Ongoing Strategic Review

Exactly a year after it said parts of its 2.5 million acres in the Midcontinent could be up for sale, a Houston-based Occidental Petroleum Corp. (Oxy) spokesperson refused to comment Thursday on rumors in North Dakota that Oxy was selling all of its more than 330,000 acres in the Williston Basin for an asking price of $3 billion. Read More

Linn Energy Sells Texas Assets for $2.3B

Linn Energy LLC struck two deals to sell assets in Texas for gross proceeds of $2.3 billion, which will be used to pay for a recent acquisition... Read More

ExxonMobil Expands Permian Portfolio in California Swap With Linn

ExxonMobil Corp. has added 17,800 net acres to its Permian Basin portfolio in a swap of some of its California land with Linn Energy LLC. Read More

Callon Acquiring Midland Basin Properties for Nearly $213M

Callon Petroleum Co. has agreed to purchase more than 6,000 gross acres of both undeveloped and producing property, spread across four Texas counties in the Midland Basin, from undisclosed private sellers for $212.6 million in cash. Read More

Shell Selling Spree Continues With Haynesville, Pinedale Exit

Royal Dutch Shell plc on Thursday announced two more agreements in a bid to restructure its North American portfolio and realign its shale operations... Read More

In Swap, Chesapeake Grabs Bigger Position in Southern PRB

Chesapeake Energy Corp. has agreed to swap property and producing wells in the Powder River Basin of Wyoming with RKI Exploration & Production LLC... Read More

Junex to Drill Its First Horizontal Well in Quebec

A junior oil and gas explorer based in Quebec has received a permit from the provincial government to drill its first horizontal well from an existing vertical wellbore in the eastern part of the province. Read More

Rice Energy Inks Another Deal With Belmont County, OH

Pure-play Appalachian operator Rice Energy Inc. continues to scoop up land in Belmont County, OH, where all of its Utica Shale operations are centered, inking a more than $3.4 million deal Tuesday with county commissioners for another 424 gross acres. Read More

BLM OKs Noble Energy Plan for Nevada Drilling

The U.S. Department of Interior's Bureau of Land Management (BLM) on Tuesday signed off on Noble Energy Inc.’s plan to drill oil wells on extensive leases it holds in northeast Nevada in Tabor Flats. Read More

Bonanza Creek Doubles It Up in Wattenberg

Bonanza Creek Energy Inc. has doubled its acreage in the Wattenberg field in Colorado to more than 70,000 net acres for a leasehold producing 700 boe/d net, 85% weighted to oil. Read More