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Scout Energy Management Acquires Permian Basin Assets from ConocoPhillips

Oil Gas Leads

In this case, the permits in question fall under Permit by Rule (PBR) , a streamlined authorization process designed for facilities that meet specific emissions and operational criteria. ConocoPhillips has engaged RBC Capital Markets to facilitate the sale process, which has attracted interest from smaller public and private oil producers.

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ConocoPhillips Q4 2024 Earnings Call: Key Updates on the Permian Basin

Oil Gas Leads

The company reported 833,000 barrels of oil equivalent per day (boe/d) in the Permian for Q4 2024, attributing its success to significant efficiency improvements. “We dont see anything different from the acquisition case. Roughly half of that is in Eagle Ford, and then the remaining is split between Bakken and Delaware.”

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