Brigham Bags Core Midland Royalty Acreage in $133 Million Purchase
Publicly traded royalty owner Brigham Minerals (NYSE: MNRL) is expanding its Midland Basin royalty exposure with the acquisition of 3,900 net royalty acres (NRA, normalized to 1/8), primarily in Martin and Midland counties, and 850 boe/d (60% oil) mid-point 2023E production from Avant Natural Resources for $132.5 million. In this insights article, Enverus Intelligence provides detailed […]
Deciphering Minerals Upside: An Analytics-Intensive Approach
With West Texas Intermediate oil at $100+ per barrel and Henry Hub natural gas quadruple its 2022 open, non-operated interest investors have an unprecedented opportunity to cash in on commodity prices as each operator drills to drive their own capital return strategy. But absent a working interest, non-ops lack any decision-making power in an operator’s […]
Outsourced Mineral Owner Support Drives Efficiency for Operators
An interview with Camino Natural Resources, LLC and GeoSouthern Energy Corporation The energy industry is cyclical — the price of oil, supply and demand and M&A activity … all ebb and flow. It’s crucial your company equips itself to maintain business continuity during ups and downs, seasonal events (hello 1099s!), M&As or divestitures. One […]