The land, known as the Mabee Ranch after late farmer-turned-oilman John Mabee who bought into it in 1932, is leased to energy producers including ConocoPhillips, Diamondback Energy and Pioneer Natural Resources.
The land, known as the Mabee Ranch after late farmer-turned-oilman John Mabee who bought into it in 1932, is leased to energy producers including ConocoPhillips, Diamondback Energy and Pioneer Natural Resources.
Brigham Minerals entered an agreement to acquire certain mineral and royalty interests in the Midland Basin from royalty funds managed by Avant Natural Resources and its affiliates for $132.5 million in cash.