Tag: San Juan Basin
ConocoPhillips sells San Juan Basin assets in New Mexico for $3 billion
Full-year 2016 production for San Juan Basin assets was 124,000 BOE per day ConocoPhillips announced it entered into an agreement to sell its interests in the San Juan Basin to an affiliate of Hilcorp Energy Company for up to $3.0 billion of total proceeds, comprised of $2.7 billion in cash and a contingent payment of up to $300 […]
Energen sells San Juan Basin assets, focuses solely on Permian Basin
In core Midland Basin, Energen has 68,500 net acres with 2,546 net identified locations in 7 horizontal formations BIRMINGHAM – Energen Corporation says it has closed purchase and sale agreements (PSAs) for its non-core Delaware Basin and San Juan Basin assets, and in the future will be drilling only in the Permian Basin. Including all sales transactions […]
WPX Energy sells San Juan Basin gathering system for $309 million
WPX Energy has a net debt of $3.2 billion consisting of $3 billion in notes, remainder primarily in revolver borrowings WPX Energy says it has completed the previously announced sale of its San Juan Basin gathering system for approximately $309 million. The San Juan is located in the Four Corners region of northwestern New Mexico, southwest Colorado, […]
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