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Kimbell to Bolster Permian Position with $231 Million Acquisition

Rigzone: News

Kimbell signed a deal to acquire Boren Minerals' oil and natural gas mineral and royalty interests in the Permian Basin for about $231 million.

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Nigeria Oil Industry Overview

Drillers

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria.

Oil 52
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DRBC Fracking Ban “A Travesty” for PA Landowners

Marcellus Shale Coalition

In a blow to Pennsylvania landowners, a judge recently dismissed a lawsuit aiming to overturn the Delaware River Basin Commission (DRBC)s ban on natural gas development within the watershed that robs private property owners of their right to realize the benefits of the energy beneath their feet.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times net debt/funds flow, which is expected to continue to further strengthen to 0.8

Energy 130
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Pipeline Expansion = Affordable Energy

Marcellus Shale Coalition

In 2015, then-Massachusetts Attorney General Maura Healey released a report asserting that no new natural gas pipelines were needed into the region and that the regions power grid faced no reliability deficiency through at least 2030. New England sits adjacent to Pennsylvania and the largest natural gas producing region in the country.