The U.S. Bureau of Land Management (BLM) in June plans to offer more than 398,000 acres is eight separate state oil and natural gas lease sales, according to its online leasing service.
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Unit Adding to Core Portfolio in Western Oklahoma
Tulsa-based Unit Corp.’s exploration unit has agreed to trade cash and some acreage for more property in a core operating area of Western Oklahoma.
Second Ohio National Forest Oil/NatGas Lease Sale Nets $5.1M
The U.S. Bureau of Land Management (BLM) on Thursday auctioned another 1,147 acres in Ohio’s Wayne National Forest for oil and natural gas development, earning more than $5.1 million that will be distributed between the state and federal government.
White Star Adding to Midcontinent Position in Three Deals
Oklahoma City-based independent White Star Petroleum LLC said Tuesday it is adding roughly 49,000 net acres to its position in the Midcontinent through three separate transactions.
Rice Energy Continues Marcellus/Utica Bolt-Ons Following Vantage Acquisition
Rice Energy Inc. added 100,000 net dry gas acres to its Appalachian core last year, expanding its position and significantly boosting production ahead of big plans for 2017 that would set it up for even more growth in the coming years.
BLM Seeks Comments on Proposed Oil/Gas Leasing in Northwest Colorado
The U.S. Bureau of Land Management (BLM ) on Monday launched a public comment period for a proposed oil/natural gas leasing sale covering 28 parcels and parts of two counties in northwestern Colorado, involving the Piceance Basin’s Mancos Shale.
Halcon Entering Permian’s Southern Delaware, Selling Eagle Ford
Halcon Resources Corp. is entering the bustling Delaware Basin through a deal to acquire 20,748 net acres in Pecos and Reeves counties, TX, in the southern portion of the play, which is a sub-basin of the Permian. Simultaneously, the company is selling up in the Eagle Ford.
Viper Coiled For More Permian Acquisitions Following Solid 2016
Viper Energy Partners LP continues to strike acquisition deals this year in the Permian Basin after completing 26 transactions in the second half of 2016, underlined by an “improving market,” the Diamondback Energy Inc. unit said.
BLM Considers Large Acreage Protection For Sage Grouse
In a draft environmental impact statement (DEIS) published in the Federal Register on Friday, the U.S. Bureau of Land Management (BLM) offered the possibility of setting aside 10 million acres in six western states to protect greater sage grouse habitat.
Gulfport, Eclipse Among Highest Bidders For Ohio National Forest Land
The U.S. Bureau of Land Management (BLM) auctioned 17 parcels of land in Ohio’s Wayne National Forest last week to four oil and gas companies that paid about $1.7 million.