Browsing Tag
Eddy County
5 posts
Matador Resources (MTDR) agrees $1.27bn Paloma Permian deal as Delaware Basin acreage reaches 240,000 acres
Matador Resources is adding producing assets, proved reserves and premium drilling inventory through two EnCap-backed transactions. The strategic fit is clear, but renewed borrowing, integration and drilling returns must justify the capital committed.
Trace Midstream plans 250 MMcf/d Apollo Gas Plant as Permian infrastructure race accelerates
Permian gas volumes are outrunning infrastructure. Trace Midstream’s 250 MMcf/d Apollo plant tests whether integrated capacity can restore reliability.
Permian Resources reports record free cash flow in Q1 2025, to acquire APA’s Delaware Basin assets
Permian Resources Corporation posted its strongest quarterly financial performance to date in Q1 2025, driven by disciplined capital allocation, record free cash flow, and the strategic acquisition of APA Corporation’s Northern Delaware Basin assets. The Midland-headquartered firm continues to expand its low-cost, high-return asset base in the Permian Basin while maintaining capital efficiency and shareholder return focus.
Trace Midstream acquires LM Energy’s natural gas assets in Northern Delaware Basin
In a major move within the midstream sector, Trace Midstream Partners II, LLC (“Trace”) has finalised the acquisition…
Permian Resources announces strategic acquisitions and acreage swaps in Delaware Basin
Permian Resources Corporation (NYSE: PR) has announced a series of significant portfolio optimization transactions, marking a new era…