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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

FireBird Energy Picks Up 21,000-Acre Midland Property from Chevron

Firebird Energy LLC Chevron Corp
AnnouncedDec 30, 2021
TypeProperty
LocationMidland Basin
Announced Date
December 30,2021
Effective Date
December 01,2021
Close Date
December 30,2021
Transaction Type
Property




Snapshot
Asset/Basin:
["Midland Basin", "Permian Basin"]
TargetZones:
[]
Net Acres
Location
Region
Permian - Midland Basin

Country
United States

State
Texas

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Transaction Details:  Subscribe to see

FireBird Energy LLC has acquired operated assets located in the Midland Basin from Chevron for an undisclosed purchase price.

The Acquisition closed December 30, 2021 with an effective date of December 1, 2021.

Deal Details: Acreage: 21,000 leasehold acres

Pro forma for the transaction, FireBird will have >72,000 gross acres and ~11,500 Boe of daily production. The deal also converts 60+ 1-mile locations to 2-mile locations.

Mr. Travis F. Thompson, CEO of FireBird, commented, "This transaction will be our second major acquisition as we continue to advance our consolidation strategy and…

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Price History



Date Deal Headline Price$/acre
Feb-12-2024 Diamondback To Acquire Endeavor Energy In $26 Billion Transaction - -
Jan-04-2024 APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal - -
Dec-15-2023 Fury Resources Takes Battalion Private In Transaction Worth $450 Million : Map - -