NGP's Latest Fund to Stick with Existing Teams, Add Few Newcomers
NGP is targeting low breakeven upstream opportunities in the Permian Basin, Bakken and the Haynesville, Marcellus and Eagle Ford shales.
Source: hartenergy.com
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NGP is targeting low breakeven upstream opportunities in the Permian Basin, Bakken and the Haynesville, Marcellus and Eagle Ford shales.
NGP is financially backing Wing Resources on a seventh partnership aimed at acquiring oil and gas minerals and royalties in the Permian Basin.
The Permian Basin led the U.S. in oil production in April with about 5.68 million barrels per day (bpd) expected to grow by about 13,000 bpd in May.
Alliance Resource Partners made two purchases of royalty interests in the Midland and Delaware basins totaling more than 4,300 net acres.