Richard Thompson, president and CEO, said the acquisition covers a 25-mile, multizone light oil fairway. About 330 barrels of oil equivalent per day are produced.
PLS is marketing the trustee-ordered sale of nonoperated assets La Salle Parish, La. The property is on 40 acres with one well operated by Sanchez Oil & Gas Corp.
Blue Tip Energy Management LLC is selling Uinta Basin producing properties in Carbon, Utah and Duchesne counties, Utah.
The Eagle Ford acreage contains eight wells currently producing 40,000 barrels of oil and 13 million cubic feet of gas per month. There are also additional proven undeveloped opportunities.
The transaction with Maple Leaf 2012-II Energy Income Limited Partnership will close April 1. There are 17 oil and natural gas wells producing throughout Alberta and Saskatchewan.
The pipeline transports condensate from DeWitt County, Texas, to the Port of Victoria. It handles about 50 Mbbl/d. The dropdown transaction’s total cost ranges between $210 million and $220 million.
The property is operated by Linder Oil Co. on behalf of the seller. Sojitz is offering about 50% nonoperated working interest and about 29% net revenue interest.
A private seller retained PLS to assist in its sale of operated and nonoperated assets in Louisiana. There are about 2,827 operated net acres and about 162 nonoperated net acres.
Superior is interested in assets Baker Hughes Inc. and Halliburton Co. must sell during their merger, Bloomberg said. Superior, seeking international exposure, will become the fourth-largest oilfield services company.
Thoroughbred #1 extends production on 3,600 leased acres that will intersect the Wolfcamp and Spraberry formations. It will be the fourth well drilled on the Permian lease, which can hold 57.
Pine Ridge Oil & Gas LLC is selling its leasehold position in the developing Mississippian and Pennsylvanian play in southeast Colorado.
The position is located in Lincoln and Kit Carson counties and consists of about 43,700 net acres in an emerging multi-pay oil play, according to PLS Inc., which has been retained to handle the sale.
|E&P||USD 218||Members only||Southwestern Energy Co.|
|Mid||USD 500||Members only||Southwestern Energy Co.|
|Mid||USD 0||Members only||Saddlehorn Pipeline Co.|
|E&P||USD 587.5||Members only||Beaumont Energy Inc.|