san juan basin Archives - Oil & Gas 360

Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

July 10, 2025

(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. OKLAHOMA CITY–(BUSINESS WIRE)– Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) today announced it has entered into two separate definitive agreements: one to acquire certain oil and gas assets from Sabinal Energy, LLC (“Sabinal”), and

Harvest Oil & Gas Divests Barnett Shale

July 30, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Harvest Oil & Gas sells Barnett shale assets for $72 million Harvest Oil & Gas Corporation (stock ticker: HRST), formerly EV Energy Partners L.P., has entered into a definitive agreement with an undisclosed buyer to sell all of its interests in the Barnett shale formation for $72 million. For the first

DJR Energy Closes Deal with Encana

December 28, 2018

Makes DJR the largest acreage holder in San Juan Basin core oil window Yesterday, privately held Denver-based DJR Energy closed on its acquisition of Encana Corporation’s (stock ticker: ECA) non-core San Juan Basin assets in northern New Mexico. Source: DJR Energy The asset includes: Approximately 182,000 net acres, representing Encana’s total land position in the play. Average production of

Rule Change Would Double Well Density in San Juan Basin for Hilcorp

September 11, 2018

From the Associated Press/US News ALBUQUERQUE, N.M. (AP) — A Houston-based oil and gas company wants New Mexico regulators to ease restrictions on well locations in two counties within one of the oldest producing basins in the U.S., saying the change will result in the capture of more natural gas. The request involving San Juan and Rio Arriba counties comes as

WPX Energy Ends an Active 2015 with Gathering System Sale

January 4, 2016

Industry-wide divestiture levels were down on a year-over-year basis in 2015, but WPX Energy (ticker: WPX) did more than its fair share on the mergers and acquisitions front. On December 31, 2015, the Tulsa-based exploration and production company announced the sale of its gathering system in the San Juan Basin for approximately $309 million. In accordance with the transaction, WPX

WPX Energy Tacks on Acreage in the San Juan Basin

June 23, 2015

WPX Energy (ticker: WPX) added 14,300 net acres to its San Juan Basin asset on June 22, 2015, increasing its overall position in the region to 100,000 net acres. WPX believes it holds 500 gross drilling locations across the Gallup oil window, including approximately 100 new locations from its recent acquisition. The assets were purchased from an undisclosed buyer for $26

New Mexico’s Under-the-Radar Opportunity for Oil & Gas Development

October 6, 2014

Some states have hit the jackpot with massive hydrocarbon deposits. Independent oil and gas companies have turned fossil fuels in Texas, North Dakota and Pennsylvania into economic development powerhouses. These states are among the fastest growing in the country due to more job opportunities and rapidly increasing gross domestic product. However, there’s a lesser-known state carving out its own share

Premium Content