Brigham Bags Core Midland Royalty Acreage in $133 Million Purchase

Midland

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 […]