Are you looking for Permian Basin “needles in a haystack” acreage to acquire and develop or flip? Or are you trying to defend against such annoying intrusions? Either way you should find this information exciting: at oseberg, we can now find prospective Pughed Out (“surface” Pugh) acreage across the entire TX Permian in seconds on a current, rolling time basis.
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The Times Are A-Changin’
When I started my career in Oil & Gas more than 25 years ago, things were different. We did a lot of work on paper. I remember my first job after graduating. I was a reservoir engineer and was assigned responsibility for a newly acquired asset. A mountain of well files were brought to my office in three ring binders and boxes. In school it was easy to do volumetric calculations since all the data was nicely provided to you. However in the real world, I spent countless hours searching first for the wells of interest and then for the needed reservoir details.
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In the March 2019 edition, find out who recently sold assets in the Arkoma, who has the most expensive well since 2017, and who named a well Pharoah. If you are a subscriber and didn't receive the newsletter, let us know. If you want to get The Buzz delivered to your inbox monthly, click here: https://offers.oseberg.io/oklahoma-oil-gas-newsletter
DUG Midcontinent Conference Reveals Anticipated Increase in Oklahoma M&A Activity
According to Oil and Gas Investor’s interview with Jeff Sieler, Managing Director of the Global Energy Group in Citigroup Investment Bank, ‘“36 deals over $25 million are active. Look out for M&A to come.”