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The Trump administration of late has had less to cheer about from quarterly Bureau of Land Management (BLM) oil and natural gas lease sales, but the Permian Basin continues to be a big draw in New Mexico.

Oklahoma City-based Devon Energy Corp., whose fortunes today are trained on Lower 48 oil prospects, is selling its Canadian business for $2.8 billion (C$3.8 billion) to Canadian Natural Resources Ltd.

TC Energy Corp. announced Tuesday that it expects to raise C$1.15 billion ($860 million) for pipeline growth projects with the sale of assets in northern Alberta oilsands production network.

Privately held EdgeMarc Energy Holdings LLC said Wednesday it has filed for Chapter 11 bankruptcy protection in order to sell all of its Appalachian assets after a pipeline explosion last year in western Pennsylvania stranded production from its core assets.

PDC Energy Inc. has reached agreements to sell a substantial portion of its midstream assets in the Permian Basin for about $310 million in separate transactions expected to close in the coming months.

Riviera Resources Inc. has agreed to sell its interest in properties in the Hugoton Basin of southwestern Kansas, its largest producing asset, to an undisclosed buyer for $31 million.

Encana Corp. has officially exited the San Juan Basin, announcing Thursday that it has completed the sale of 182,000 net acres in New Mexico to Denver-based DJR Energy LLC.

Tulsa-based pipeline giant Williams said Thursday it has sold some pipeline systems in the Gulf Coast area to Easton Energy LLC for $177 million.

The November oil and gas lease sale held by the New Mexico State Land Office established an all-time record for revenue, reaching $43.2 million. The previous monthly record was $30.03 million set in July 2017. Katy TX-based Percheron Energy was the high bidder in sealed bids, obtaining 1,999.31 acres in Lea, Chaves and McKinley counties. All but one tract was sold, with one tract receiving no bids and a second tract withdrawn. Nine bidders combined for the total proceeds, with an average per-acre price of $5,431.88. Thirty-two bidders from eight states participated.