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$219M Permian Basin oil and gas land sale closes, company looks to grow

Sitio Royalties announced July 26 it closed the purchase of 12,000 acres of oil and gas land and royalties in the Permian for about $219 million.

United statesNew mexicoEddy countyRystad kristine vassbotnNoah lockshinSenior energy analystBaker hughesOrion diversified holdingsUs energy information administrationFoundation mineralsMomentum mineralsRystad energyPermian basinHidden menaceSitio royaltiesWest texas

$219M Permian Basin oil and gas land sale closes, company looks to grow

Sitio Royalties announced July 26 it closed the purchase of 12,000 acres of oil and gas land and royalties in the Permian for about $219 million.

United statesNew mexicoEddy countyRystad kristine vassbotnNoah lockshinSenior energy analystBaker hughesOrion diversified holdingsUs energy information administrationFoundation mineralsMomentum mineralsRystad energyPermian basinSitio royaltiesWest texasExecutive officer chris conoscenti

Natural Gas Futures Dip Lower After Modest Shift in Weather Forecasts

Natural gas futures pulled back Tuesday after mid-range heat forecasts eased slightly and a new outlook called for record production on the horizon,

New yorkUnited statesCove pointWest virginiaRystad kristine vassbotnAlgonquin citygateWood mackenzieAccuweather alex sosnowskiLaura munderAugust nymexNational weather serviceUs energy information administrationRystad energySpot gas national avgGas nationalPermian basin

Natural Gas Futures Win Streak Ends on Heels of Slight Change to Forecast, Potential Production Boost

Natural gas futures pulled back Tuesday after mid-range heat forecasts eased slightly and a new outlook called for record production on the horizon,

New yorkUnited statesCove pointWest virginiaRystad kristine vassbotnAlgonquin citygateWood mackenzieAccuweather alex sosnowskiLaura munderAugust nymexNational weather serviceUs energy information administrationRystad energySpot gas national avgGas nationalPermian basin

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