Oil and natural gas permitting in the Lower 48 fell by double-digits in November from a month earlier, driven by losses in the Permian Basin, according to Evercore ISI. The analyst firm, which each month tracks state and federal permitting, said a total of 2,565 permits were issued in November, down by 11% month/month (m/m). …
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BCE-Mach Adding to Midcontinent Footprint With STACK, Mississippi Lime Acquisitions
Privately held exploration and production firm BCE-Mach LLC said it has purchase and sale agreements for two Midcontinent acquisitions totaling $66.5 million, both of which are slated to close in the first quarter of 2022. In the first deal, BCE-Mach will acquire additional working interest across 61 wells it operates in Kingfisher County, OK. The…
December 22, 2021
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